President Trump pardons Arthur Hayes and other BitMEX founders....

Trump pardoned the founders of BitMEX who pleaded guilty to money laundering in 2022, despite the lack of a public movement calling for the pardon.

The pardon raised concerns about future pardons, especially for Sam Bankman-Fried (the mastermind behind FTX), whose chances of receiving a pardon have increased.

Figures in the cryptocurrency industry fear that Trump's pardon could undermine confidence in the sector amid rising fraud and scams.