In a surprising move, President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty in 2022 to violating the Bank Secrecy Act by failing to implement anti-money laundering protocols. The decision has sparked debate, with some viewing it as a win for crypto innovation, while others see it as a setback for financial regulation. With Trump’s increasing involvement in the crypto industry, this pardon signals a potential shift in how digital assets are treated under his influence.
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