💨 Abstract

President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, along with a former employee and an entity owning the exchange, for failing to implement a Bank Secrecy Act-compliant anti-money laundering program. The pardons were granted at a time of optimism in the crypto industry for looser regulation under Trump.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖