Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer received varying probation sentences instead of jail time following their guilty pleas

Quotes that support claims

The reasons for Trump’s pardon were unclear at the time of publication, as the three men had already been sentenced to a combination of home arrest or probation in 2022. The BitMEX co-founders were also ordered to pay $30 million in penalties as part of a civil case with the US Commodity Futures Trading Commission (CFTC).