MoonPay’s Ivan Soto-Wright gets free pass for secretly donating to Francis Suarez PAC

MoonPay
Ivan Soto-Wright. Photo: The Block

By Francisco Alvarado, FloridaBulldog.org

A Miami crypto bro whose company has ties to the Trump family’s meme coin racket is the latest beneficiary of the Federal Elections Commission’s recent practice of giving a pass to wealthy donors who conceal their identities.

Ivan Soto-Wright, CEO of MoonPay, a Miami-based company that processes digital coin transactions, failed to disclose he was the true source of $500,000 donated in 2022 to SOS America, a political action committee (PAC) formed to support Miami Mayor Francis Suarez’s anemic bid for the 2024 Republican presidential nomination. Suarez was the first candidate to drop out after consistently polling under one percent.

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