President Donald Trump Pardons BitMEX Men
President Donald Trump has allegedly pardoned the three co-founders of BitMEX, the cryptocurrency platform, who had filed guilty pleas to felony charges.
Arthur Hayes, Benjamin Delo, and Samuel Reed were part of a CNBC report that claimed Trump pardoned the three, claiming they were part of a more extensive criminal ecosystem that involved laundering money and violating the Bank Secrecy Act.
Eley and Hayes admitted to pleading guilty in February of 2022 that they ‘willfully failed to establish, implement, and maintain an Anti-Money Laundering program’ for BitMEX, while Reed took a plea some weeks later. No statements from the White House confirm that President Trump pardoned the men.
Trump has made some controversial federal pardons, and it is unclear which one caused the most stir as it included over 1,500 people who had been charged because of the events of January 6th and also included Ross Ulbricht, who had been jailed for over 11 years for the Silk Road.
Sources have indicated that the former CEO of FTX, Sam Bankman-Fried, serving 25 years for misuse of false imprisonment, attempted to seek a pardon from Trump.
Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer were charged in 2020 by US officials for breaching the Bank Secrecy Act. Hayes was the chief business officer of BitMEX at that time.
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