Friday 28/March/2025 – 10:05 PM
US President Donald Trump has announced the granting of amnesty to three of the participating founders of the BitMex Current Exchange, and according to CNBC, the participating founders, former CEO Arthur Hayes, Benjamin Dello, and Samuel Reed, had previously recognized the involvement of a group of federal criminal charges related to money laundering and failure to monitor the stock exchange.
Samuel Reed passed his involvement in violating the Banking Banking Law in 2022, and agreed to pay a fine of $ 10 million.
Prosecutors accused men of operating the BitMex currency exchange effectively, as a money laundering platform and that its alleged withdrawal from the American market was a trick.
A fine of 100 million dollars to violate the bank’s confidential law
Trump issued the amnesty yesterday, Thursday, after more than three months of judgment on BitMex to pay a fine of $ 100 million to violate the banks of the banks by failing to create and maintain anti -money laundering programs and know your customer.
Dello, the former CEO of Operations and Strategic Director of Bitmex, was sentenced to 30 months in prison after his guilt in the US District Court in Manhattan, in addition to sentences to Hayes with six months in prison at home, followed by two years of monitoring.
Reed, who was previously sentenced to the stock market, was sentenced to 18 months in prison.
Trefor Milton, founder and former CEO of Nicolas Electrical Truck Manufacturing Company, revealed Thursday evening that Trump was pardoned after being convicted of fraud in securities, and Milton had been sentenced to four years in prison in that case, but he remained free after the appeal.
