No. of Recommendations: 8
Just another example of the kind of corrosive corruption that will destroy us eventually.
Trump Pardons BitMEX Founders Convicted of Money Laundering
What Happened: Trump has granted full pardons to BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who were convicted of violating the Bank Secrecy Act for failing to implement anti-money laundering controls. The pardons were signed quietly Thursday and not publicly announced.
Why It Matters: This Trump-issued pardon shields high-profile crypto executives convicted of running a “money laundering platform,” sending a dangerous message that financial fraud can be wiped clean with the right political connections. It undermines market integrity, guts equal enforcement of financial laws, and shows Trump is using his power to protect the crypto world—no matter how dirty the money.
Source: USA Today
