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Arthur Hayes Joins Stem Cell Agency After Trump Pardon

BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and main stake in a stem cell agency following his March pardon from US President Donald Trump, which cleaned his conviction for Financial institution Secrecy Act violations.

Hayes, who constructed BitMEX into one of many largest derivatives platforms earlier than it fell underneath regulatory fireplace, has been a daily affected person on the stem cell agency’s clinics in Mexico and Bangkok for over a 12 months, he informed Bloomberg.

“I wish to reside so long as potential, as wholesome as potential,” Hayes mentioned, noting that extra nations are enjoyable guidelines round stem cell use. The corporate, which is at present rebranding, was not named.

In March, Trump pardoned 4 former BitMEX executives, together with Hayes, Benjamin Delo, Gregory Dwyer and Samuel Reed, who had pleaded responsible to Financial institution Secrecy Act violations tied to weak Anti-Cash Laundering controls on the trade.

Hayes thanks Trump after pardon. Supply: Arthur Hayes

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Crypto titans chase longevity

Hayes’s guess on longevity comes as crypto titans more and more funnel wealth into the sector.

In 2021, Vitalik Buterin contributed $25 million in Shiba Inu (SHIB) tokens to the Way forward for Life Institute and over $350,000 to the SENS Analysis Basis to “reimagine ageing.”

He has referred to as life extension a trigger price combating for, framing it as a approach to finish the generational loss brought on by getting old. “Simply even the method of getting old turning into one thing that simply turns into reversible and it being a daily factor for individuals to reside one and a half, two centuries after which go even farther from there,” Buterin mentioned.

Former Coinbase government Balaji Srinivasan additionally co-founded Counsyl, a genomics startup targeted on reasonably priced genetic testing for reproductive well being and illness screening. Moreover, Coinbase CEO Brian Armstrong co-founded genetic startup NewLimit, which raised $130 million this 12 months.

Cointelegraph reached out to Maelstrom for remark however had not obtained a response by publication.

Associated: Specialists to collect in Miami to drive longevity analysis ahead

Hayes stays energetic in crypto

Hayes has additionally remained energetic in crypto’s monetary frontier. His household workplace, Maelstrom, has backed digital asset treasury firms, publicly traded companies stockpiling tokens on their steadiness sheets.

Final 12 months, Hayes’ Maelstrom fund additionally launched a Bitcoin grant program providing $50,000–$150,000 yearly, with as much as $250,000 per developer, to help open-source work to strengthen Bitcoin’s scalability, resilience, privateness and censorship resistance.

Journal: AI will assist us turn into ‘biologically immortal’ from 2030