Cryptocurrency exchange BitMEX co-founders Arthur Hayes, Benjamin Delo and Samuel Reed have been pardoned by President Donald Trump after being convicted of violating the Bank Secrecy Act in 2020. They had pleaded guilty in 2022 and agreed to pay $10 million each, in addition to being sentenced to probation.
BitMEX was also ordered to pay a $100 million fine for violating U.S. anti-money laundering laws. These legal actions were a landmark for the cryptocurrency market. #TRUMP