Arthur Hayes, co-founder of BitMEX and a Bitcoin billionaire, has secured a board position and significant shares in a stem cell company following his pardon in March by former President Trump, which eliminated his conviction related to Bank Secrecy Act violations.
Hayes turned BitMEX into a leading derivatives exchange before it faced regulatory challenges. He has frequented this stem cell company’s clinics in Mexico and Bangkok for over a year, as he revealed to Bloomberg.
“I want to live as long as possible, as healthily as possible,” Hayes stated, highlighting the trend of more countries easing restrictions on stem cell usage. The firm, presently undergoing rebranding, was not disclosed.
In March, Trump granted pardons to four ex-BitMEX executives, including Hayes, Benjamin Delo, Gregory Dwyer, and Samuel Reed, who admitted guilt to violations of the Bank Secrecy Act linked to inadequate Anti-Money Laundering measures at the exchange.
Hayes thanks Trump after pardon. Source: Arthur Hayes
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Crypto titans chase longevity
Hayes’s investment in longevity aligns with a growing trend among crypto leaders to invest in this sector.
In 2021, Vitalik Buterin donated $25 million in Shiba Inu (SHIB) tokens to the Future of Life Institute and over $350,000 to the SENS Research Foundation to “reimagine ageing.”
He has championed life extension as a cause worth pursuing, framing it as a solution to the generational losses brought by aging. “The process of aging becoming reversible and it being common for people to live one and a half, two centuries and beyond,” Buterin stated.
Former Coinbase executive Balaji Srinivasan co-founded Counsyl, a genomics startup specializing in accessible genetic testing for reproductive health and disease screening. Additionally, Coinbase CEO Brian Armstrong co-founded NewLimit, a genetic startup that secured $130 million in funding this year.
Cointelegraph reached out to Hayes for comment but had not received a reply by the time of publication.
Related: Experts to gather in Miami to drive longevity research forward
Hayes remains active in crypto
Hayes continues to engage in the cryptocurrency landscape. His family office, Maelstrom, has invested in digital asset treasury companies that are accumulating tokens on their balance sheets.
Last year, Hayes’ Maelstrom fund initiated a Bitcoin grant program offering $50,000 to $150,000 annually, with up to $250,000 per developer, to support open-source projects aimed at enhancing Bitcoin’s scalability, resilience, privacy, and censorship resistance.
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