Trump pardons the three co-founders of Bitmex Crypto Exchange - CNBC

From cnbc.com

President Donald Trump has granted pardons to three co-founders of the BitMEX cryptocurrency exchange, CNBC has learned. The co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, previously pled guilty to a range of federal criminal charges related to money laundering and failure to police the exchange. Reed pled guilty to violating the Bank Secrecy Act in 2022 and agreed to pay a $10 million fine. Prosecutors accused the men of effectively operating BitMEX as a “money laundering platform” and that its purported withdrawal from the U.S. market was “a sham.” Trump issued the pardons on Thursday. Trevor ... (full story)