The post Trump Pardons BitMEX Founders—Is Do Kwon Next? appeared first on Coinpedia Fintech News
Trump is shaking things up in crypto again! This time, he’s handing out pardons, and the latest beneficiaries are BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty to breaking banking laws, but Trump’s move wipes their records clean. With this bold step, many are now wondering—could Terra’s Do Kwon be next in line?
Unexpected Turn in Crypto Regulation
Trump’s pardon for the BitMEX founders is a major shift in U.S. crypto regulation. Previously, the executives had settled their cases by paying $30 million in fines and serving prison sentences. With this pardon, they are now free from any legal restrictions. This decision follows Trump’s earlier pardon of Silk Road founder Ross Ulbricht, reinforcing his softer stance on crypto-related offenses.
Could Do Kwon Be Next?
The legal battle between Terra vs. SEC continues, and som
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