President Trump is Arthur Hayes and two other Bitmex co-founders: CNBC

According to a CNBC report on Friday, Arthur Hayes, former CEO of Crypto Exchange Bitmex, has been given an amnesty by US President Donald Trump.

Trump also reportedly forgives Bitmex, Samuel Reid and Hayes co-founders of Benjamin Delo.

In 2020, the U.S. Department of Justice (DOJ) filed accusations against three co-founders and first employee Gregory Dwyer, accusing him of violating the Bank Secrets Act (BSA). Prosecutors argue that BitMex promoted itself as a place where customers could use the platform effectively anonymously, without providing basic knowledge (KYC) information. All four of them were ultimately pleaded guilty and sentenced to fines and probation. The exchange itself pleaded guilty to violating the BSA last year.

Hayes faced two years of probation. Dero spent 30 months and lead was 18 months. Dwyer was on 12 months of probation.

The Commodity Futures Trading Commission has ordered BITMEX to pay $100 million separately from the DOJ village in violation of the Commodity Exchange Act of 2021 and other CFTC regulations.

The attorneys representing Hayes, Delo and Reed did not immediately return requests for comment.

The reported amnesty came the day after Trump gave the pardon to former CEO of Nicola Motors, Trevor Milton, who was previously convicted of fraud in 2022. In January, Trump made a long-standing promise to forgive Silk Road creator Ross Ulbricht. Ulbricht’s pardon, former FTX CEO and convicted convict Sam Bankmanfried, has been fishing for his own pardon, and appears in Tucker Carlson in an unauthorized prison interview where he tries to curry favor with the Trump administration and has caught him in solitary confinement.

Former Vinance CEO Changpeng “CZ” Zhao pleaded guilty to the same charges as Hayes last year and served in prison for four months last year.

However, Zhao admitted in a recent X post that “no one cares about felons being the only person in US history to be sentenced to prison on a single BSA charge.”