United States President Donald Trump has granted BitMEX co-founder Arthur Hayes a full pardon. The unexpected Presidential pardon was also extended to Samuel Reed and Benjamin Delo, who pleaded guilty to violating the Bank Secrecy Act (BSA).
The Unexpected BitMEX Co-Founders’ Pardon
This Presidential pardon is the second high-profile move in the cryptocurrency industry since President Trump was inaugurated. Earlier, they granted unconditional Pardon to Ross Ulbricht, the founder of the Silk Road marketplace.
The pardon of Arthur Hayes and other executives was previously not anticipated in the industry. Notably, the trio have settled their money laundering cases with US regulators, leaving them with no major legal obligations.
This pardon comes about three months after BitMEX settled its case with the US DOj.
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