BitMEX co-founder Arthur Hayes predicted that President Trump's tariff moves, which are widely viewed as protectionist and authoritarian, would eventually correct global imbalances and benefit Bitcoin. His public comments imply a favorable stance toward policies that align with authoritarian economic interventions.

President Trump issued pardons to three BitMEX co-founders and a former executive following convictions related to violations of anti-money laundering and know-your-customer rules. In the wake of the criminal sentences and regulatory scrutiny—which highlighted that BitMEX knowingly operated with deficient safeguards—the company publicly expressed gratitude to the President, framing the pardon as vindication against what it described as political overreach.

BitMEX, a cryptocurrency exchange known for its derivatives trading, was fined $100 million for willfully failing to implement adequate AML and KYC programs, thereby flouting regulatory obligations. This deliberate evasion not only undermines ethical business practices but also compromises the integrity of financial regulatory frameworks.

BitMEX was fined $100 million following a court ruling that found the company willfully failed to implement necessary AML and KYC regulations, enabling unauthorized U.S. market participation and bypassing U.S. anti-money laundering laws.