🚨🚨 #TrumpPardon 🚨🚨
🚨 BREAKING: Trump Pardons BitMEX Co-Founders! 🇺🇸⚖️
📌 Latest Developments:
💼 Background of Charges: In 2020, BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed were indicted for failing to implement AML & KYC protocols on their platform. (Source: Reuters)
⚖️ Legal Consequences: They pleaded guilty in 2022, agreed to forfeit $10M each, and received probationary sentences:
🔹 Arthur Hayes: 2 years probation
🔹 Benjamin Delo: 30 months probation
🔹 Samuel Reed: 18 months probation
💰 BitMEX’s Legal Settlements: The exchange’s parent company, HDR Global Trading Limited, was fined $100M and placed on probation. (Source: Cointelegraph)
🚀 Industry Reaction: The pardons sparked controversy, with some praising the decision while others questioned regulatory oversight in the crypto space.
📢 What’s Next? Will this impact crypto regulations under Trump’s leadership? Stay tuned! 🔥