Crypto prices jump after Trump sets plan for US strategic reserve
Prices for bitcoin and the like have soared after Donald Trump set out plans for a U.S. cryptocurrency reserve. He said in a social media post that the stockpile would include bitcoin and ether, as well as smaller tokens XRP, solana and cardano.
WASHINGTON − President Donald Trump has granted pardons to three founders of the BitMEX cryptocurrency exchange, according to a source familiar with the clemency.
The co-founders – Arthur Hayes, Benjamin Delo and Samuel Reed – previously pleaded guilty in 2022 to a variety of charges for flouting money laundering rules and failing to police the exchange. Trump signed the pardons Thursday without publicizing the action.
BitMEX was fined $100 million in January for violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an adequate anti-money laundering and know-your-customer program.