Arthur Hayes, the former CEO of Crypto Exchange Bitmex, obtained a forgiveness from the American president Donald Trump, according to a CNBC Friday report.
Trump would also have forgiven the co-founders of Hayes at Bitmex, Samuel Reed and Benjamin Delo.
In 2020, the United States Ministry of Justice (DoJ) brought charges against Bitmex, its three co-founders, and its first employee, Gregory Dwyer, accusing them of raping the bank Secrecy Act (BSA). Prosecutors said Bitmex announced themselves as a place where customers could use its practically anonymous platform, without providing basic information to customer knowledge (KYC). The four people finally pleaded guilty and were sentenced to fines and probation penalties. The exchange itself pleaded guilty of having violated the BSA last year.
Hayes faced two years of probation; Delo spent 30 months and 6 months. Dwyer obtained 12 months of probation.
The COMMITITY FUTURES TRADING Commission ordered Bitmex to pay $ 100 million for violation of the law on the exchange of goods and other CFTC regulations in 2021, separately from its DOJ regulations.
Lawyers representing Hayes, Delo and Reed did not immediately return requests for comments.
The reported pardons occur one day after Trump granted Trevor Milton, the former CEO of Nikola Motors who was already found guilty of fraud in 2022. In January, Trump made his long -standing promises to forgive the creator of the Ross Ulbricht silk road, which was 11 years in a draconian sentence of double prison in prison in prison in prison in prison in prison in prison. Since the forgiveness of Ulbricht, the former CEO of the FTX and fraudster condemned Sam Bankman Fried has embodied his own forgiveness, trying to arouse the favor of the Trump administration and appeared on Tucker Carlson in an unauthorized interview in prison which landed him in lonely imprisonment.
The former CEO of Binance, Changpeng “CZ” Zhao, who pleaded guilty to the same accusation as Hayes and served four months in prison last year – which not only makes him the richest person to go to prison in the United States, but also the only person to serve a prison sentence for violation of the BSA – rejected the information that he also asked for a forgiveness from President Trump.
But, Zhao admitted to a recent post X that “no criminal would care about forgiveness, especially to be the only one in American history to have been sentenced to prison for a single accusation of BSA.”
