Arthur Hayes, co-founder of BitMEX and a Bitcoin billionaire, has secured a board position and significant investment in a stem cell company following his pardon from US President Donald Trump in March, clearing his record of Bank Secrecy Act violations.
Hayes has been a frequent patient at the clinics of the stem cell firm in Mexico and Bangkok for over a year, as he informed Bloomberg.
“I aim to live as long and as healthily as possible,” Hayes remarked, highlighting the trend of more countries easing regulations on stem cell applications. The name of the rebranding company was not disclosed.
In March, Trump granted pardons to four former BitMEX executives—including Hayes, Benjamin Delo, Gregory Dwyer, and Samuel Reed—who had accepted guilt regarding Bank Secrecy Act violations connected to inadequate Anti-Money Laundering measures at the exchange.
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Crypto moguls pursue longevity
Hayes’s investment in longevity aligns with a growing trend among crypto moguls to pour resources into the sector.
In 2021, Vitalik Buterin donated $25 million in Shiba Inu (SHIB) tokens to the Future of Life Institute, and contributed over $350,000 to the SENS Research Foundation to help “reimagine aging.”
He has emphasized life extension as a noble cause, arguing it could eliminate the generational losses due to aging. “Imagine if aging became a reversible process, allowing people to live for one and a half or even two centuries, and possibly beyond,” Buterin stated.
Former Coinbase executive Balaji Srinivasan co-founded Counsyl, a genomics startup focusing on affordable genetic testing for reproductive health and disease screening. Additionally, Coinbase CEO Brian Armstrong co-founded genetic startup NewLimit, which raised $130 million this year.
Cointelegraph reached out to Hayes for comments but did not receive a response before publication.
Related: Experts gather in Miami to advance longevity research
Hayes stays engaged in crypto
Hayes continues to be active in the crypto finance landscape. His family office, Maelstrom, has invested in digital asset treasury firms that are publicly traded and accumulating tokens for their asset reserves.
Last year, Hayes’ Maelstrom fund introduced a Bitcoin grant initiative providing $50,000 to $150,000 annually with a maximum of $250,000 per developer to enhance open-source projects aimed at improving Bitcoin’s scalability, resilience, privacy, and resistance to censorship.
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