Grand Theft America / Receipt money-2025-03-28-019
Trump pardons BitMEX crypto exchange founders
Trump pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo and Samuel Reed, plus employee Greg Dwyer and the exchange's operating entity.
What happened
The three co-founders and Dwyer had pleaded guilty to violating the Bank Secrecy Act after prosecutors said BitMEX let customers trade with little know-your-customer verification; they received probationary sentences, and each founder had earlier agreed to a $10M criminal fine. The pardons, confirmed March 28, 2025, were among a series of clemency grants to crypto-industry figures. No direct donation tied to this pardon is documented, and the fines were penalties, so no take figure is counted.
Why it matters
Trump pardoned the BitMEX founders, who had pled guilty to Bank Secrecy Act violations, amid his family's deep crypto involvement. Clemency for crypto-industry figures while the family profits from the sector raises the appearance of favoring allied interests.
Receipt details
- Trade the pardons
- No cash figure
