President Donald Trump made history when he forgave a corporation, the Bitmex, based in Seychelles, based in Seychelles. The exchange of encryption has been operating since 2014.
In addition to forgiving him from his condemnation for money laundering after a statement of guilt in July 2024, the president added to his three founders and a superior employee.
Well deserved.
Bitmex was the most important exchange for US financial innovation. It was an unfair and unfair process that gave them serious crimes. This is bad as it has straightened.
Bitmex changed my life and was the beginning of my entire career.@Cryptohayes @Strml_ @Jehlelo
– Flood (@thinkingusd) March 28, 2025
Trump signed the pardons without advertising them, so Bitmex’s pardons were not as long as Ross Ulbricht in January. While campaigning for re -election, the President promised the Libertarian Convention in May 2024 to forgive the founder of the Silk Route.
Now the cryptographic communities wonder if the president will grant other founders Clemencia. They include some big names such as the founder of FTX, Sam Bankman-Fried and the founder of Binance, Changpeng Zhao.
Here there are four founders of Trump cryptocurrencies who simply forgave in March and three more that could follow soon.
1. Arthur Hayes
Bitmex declared himself guilty of violating the 1970 Bank Secretation Law by not properly monitoring his money laundering exchange. As a result, the United States Department of Justice announced a fine of $ 100 million for Bitmex on January 15.
In addition, the Department of Justice put the parent company of the exchange in two years of probation. American prosecutor Matthew Podolsky said the fine sends a message that the consequences to violate money laundering policies will be serious.
In addition to Bitmex’s conviction, the United States government previously found its founder, Arthur Hayes, guilty of his company’s violations. After starting his exchange, Hayes became the youngest African -American billionaire in history.
In May 2022, the Government Condemned to Hayes six months in supervised detention at home and two years of probation. After his forgiveness in March, Hayes thanked the president in a position on the founder of X. Cardano, Charles Hoskinson, congratulated the founder of Bitcoin Exchange.
Thank you @Potus
– Arthur Hayes (@Cryptohayes) March 28, 2025
In his first blog update from forgiveness, Hayes wrote a long and technical criticism of Trump’s commercial wars using import tariffs.
2. Benjamin’s work
After the pellets, the co -founder of Bitmex Benjamin Delo released A note indicating the DOJ, “Bitmex and his co -founders unfairly pointed out.” Delo also thanked Trump for the forgives:
“This complete and unconditional forgiveness of President Trump is a claim of the position we have always occupied: that bitmex, my co -founders and I should never have been accused of a criminal offense through a dark and outdated law.”
Delo said the regulators pressed the case against their exchange for political reasons:
“As the most successful cryptographic exchange of this type, we were unfairly served as an example, sacrificed for political reasons and used to send inconsistent regulatory signals.”
A British citizen, Delo is giving half of his cryptographic fortune to charitable causes:
“A legal error has run today and, despite the anguish that I have passed in recent years, I am pleased to have clarified my name and to continue my life and philanthropic work without the burden of an unfounded conviction.”
British billionaire @Jehlelo He is giving more than half of his wealth to decent causes. Explain why a part of that goes to mathematics. pic.twitter.com/65ht9nz5yx
– Ananyo Bhattacharya (@ananyo) April 4, 2025
3. Samuel Reed
Bitmex’s CTO, Samuel Reed, also received a forgiveness from Mr. Trump. He declared himself guilty along with his business partners to violate the anti-launch of money and know the regulations of his clients in March 2022.
As a result, He has slapped with a fine of $ 10 million while facing the possibility of five years in prison. He ended up obtaining 18 months of probation.
In addition, the former head of business development of the exchange, Gregory Dwyer, received forgiveness by his Conviction of the Bank Secret Law together with others. He agreed to pay a fine of $ 150,000.
Bitmex has remained occupied in the meantime, building its extraordinary safety reputation. Last November, the exchange marked ten years as the exchange of cryptography with the longest streak of losing zero client funds for hacks. This month, Bitmex increased BMEX betting rewards by 50%.
The pellets led Jim Cramer from CNBC to wonder aloud if Trump could frity Sam Bankman of a 25 -year prison sentence. Your financial news site, Thestreet, reported:
“As Trump’s pardons arouse the debate throughout the cryptographic world, speculation grows on who could be the following, with names such as SBF, CZ and Roger see dividing the prediction markets.”
Is SBF next day to see daylight?
– Jim Cramer (@jimcamer) March 28, 2025
4. Ross Ulbricht
Ross Ulbricht has been released by President Trump with a complete forgiveness! Thank you for fulfilling your word for me and others who have been advocating the freedom of Ross, Mr. President! #Freess pic.twitter.com/wojvfx1daa
– Thomas Massie (@repthomasms) January 22, 2025
Ross Ulbricht founded the legendary exchange of the Silk route under the name of the DREAD Pirate Roberts screen in 2011. The exchange of “Web Dark” allowed users to buy and sell illegal items and services such as programmed drugs and murdered drugs and assassin services and pay Bitcoin’s suppliers.
While fulfilling life imprisonment for the criminal company, drug trafficking, money laundering and computer piracy, Trump forgave him with overwhelming support for the movement of the cryptocurrency community.
The day Trump forgave him, the chances in Polymket increased to 93%.
At his sentence hearing, Ulbricht said: “He wanted to empower people to make decisions in their lives and have privacy and anonymity.” He is ready to share his story in a new documentary.
5. Sam Banke-Frito
The founder of FTX Exchange, known online as SBF, is serving a 25 -year sentence for electronic fraud and financial fraud that emerged during the collapse of the cryptographic market in 2022.
In January, Bloomberg He informed that SBF’s parents seek a forgiveness of the president. Once a great donor of the Democratic Party, SBF has made a hard axis on the right.
He SDNY attacked Judge Kaplan in an February interview by New York Sun by phone, the judge who gave Trump a loss in a civil trial.
Then he turned in March and gave an interview with the bomb prison to Tucker Carlson that prison administrators did not authorize.
6. Roger see
Mr. President, I am American and I need his help. Only you, with your commitment to justice, you can save me @realdonaldtrump pic.twitter.com/whvtz1M1GB
– Roger see (@ROGERKVER) January 26, 2025
Ultra-Early Bitcoin (BTC) and Bitcoin Cash (BCH) Roger Ver has been stopped in Spain since April 2024, fighting the United States for extradition for tax evasion charges.
Due to their very early promoter status of Bitcoin and Crypto, the media nicknamed to see Bitcoin Jesús. In February 2024, a grand jury in California accused For “three charges of fraud by mail, two tax evasion charges and three subscription positions to a false tax declaration.”
He approached President Trump in January for forgiveness, publishing in X:
“Mr. President, I am American and I need your help. Only you, with your commitment to justice, you can save me @realdonaldtrump.”
Ross Ulbricht defended himself in February at an X position that suggests that he should only be allowed to pay taxes and be free again.
Roger see was there for me when I was depressed and needed help. Now Roger needs our support.
No one should spend the rest of his life in prison for taxes. Let you pay the tax (if any) and end with it. #Freeroger pic.twitter.com/flp573hm0n
– Ross Ulbricht (@realrossu) February 20, 2025
7. Changpeng Zhao
CZ, the software engineer and intellectual business author behind the world -class leading cryptographic binance, is already out of jail after a four -month season in California last year. He has denied the rumors of any commercial participation with Trump Crypto Enterprises.
But Bitmex’s forgives added fuel to the fire of rumors that Trump can forgive Zhao below. That would allow him to return to a leadership role in Binance.
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