The co-founders – Arthur Hayes, Benjamin Delo and Samuel Reed – previously pleaded guilty in 2022 to one count each of violating the Bank Secrecy Act for flouting money laundering rules and failing to police the exchange. Trump signed the pardons Thursday without publicizing the action.

CNBC was the first to report earlier in the day that on Thursday, Trump granted pardons to Benjamin Delo, Arthur Hayes and Samuel Reed, who had pled guilty to money-laundering charges. The pardons come at a time of optimism in the crypto industry about looser regulation under Trump,

A federal judge in 2023 sentenced former Nikola CEO Trevor Milton to four years in prison for lying to investors. The president pardoned him Thursday.

Donald Trump Jr. and Eric Trump announced Monday the launch of “American Bitcoin,” a new cryptocurrency mining company created through

A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8.

The president's sons will now play a key role in creating the cryptocurrency through the company American Bitcoin.