ARTICLE AD BOX
Arthur Hayes, chief executive officer of BitMEX, speaks during the Consensus: Invest event in New York, U.S., on Tuesday, Nov. 28, 2017.
Michael Nagle | Bloomberg | Getty Images
President Donald Trump has granted pardons to three co-founders of the BitMEX cryptocurrency exchange, CNBC has learned.
The co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, previously pled guilty to a range of federal criminal charges related to money laundering and failure to police the exchange.
Reed pled guilty to violating the Bank Secrecy Act in 2022 and agreed to pay a $10 million fine.
Prosecutors accused the men of effectively operating BitMEX as a "money laundering platform" and that its purported withdrawal from the U.S. market was "a sham."
This is breaking news. Please refresh for updates.
English (US)