US President Donald Trump reportedly issued pardons to three BitMEX co-founders accused of felony crimes. The story is developing as more information becomes available.
Background of the Story
According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo, and Samuel Reed. The pardons address a range of criminal charges related to money laundering and violations of the Bank Secrecy Act.
Charges and Pleas
In February 2022, Hayes and Delo pleaded guilty to failing to establish, implement, and maintain an Anti-Money Laundering program at BitMEX, while Reed entered a plea a few weeks later.
Implications and Reactions
At the time of publication, the White House had not released a statement suggesting Trump's plans to pardon the three men. This is a developing story, and further information will be added as it becomes available.
Discussions continue regarding the president's decision to pardon the BitMEX co-founders, with future developments likely to impact public opinion significantly.
