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Trump Pardons Bitcoin Billionaire Arthur Hayes, Fellow BitMEX Founders: CNBC
Trump Pardons Bitcoin Billionaire Arthur Hayes, Fellow BitMEX Founders: CNBC
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Three co-founders of cryptocurrency exchange BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed—were pardoned by President Trump on Friday, according to a report from CNBC.
All three founders pled guilty in 2022 to violations of the Bank Secrecy Act for failing to operate an anti-money laundering program at the cryptocurrency exchange. Each founder also agreed to pay a $10 million fine to settle the charges.
Editor’s note: This story is breaking and will be updated with additional details.
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