Trump Pardons BitMEX Co-Founders for Bank Secrecy Act Violations
- Donald Trump pardoned Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer.
- The individuals admitted guilt to breaching the Bank Secrecy Act.
- They paid fines totaling $30 million as part of their penalties.
- BitMEX agreed to a $100 million settlement with US regulators in early 2025.
- The Commodity Futures Trading Commission filed civil actions against BitMEX for KYC and AML protocol failures.
The pardon of BitMEX co-founders by Donald Trump follows their admission of violating the Bank Secrecy Act and paying $30 million in fines. The company also settled with US regulators for $100 million in early 2025.
Source (2.6)https://hodl.press/trump-pardons-arthur-hayes-and-bitmex-co-founders/?rand=24434
