BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and main stake in a stem cell firm 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 an everyday affected person on the stem cell agency’s clinics in Mexico and Bangkok for over a yr, he informed Bloomberg.
“I wish to reside so long as potential, as wholesome as potential,” Hayes stated, noting that extra nations are enjoyable guidelines round stem cell use. The corporate, which is presently rebranding, was not recognized.
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 alternate.
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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 value preventing for, framing it as a solution to finish the generational loss brought on by ageing. “Simply even the method of ageing turning into one thing that simply turns into reversible and it being an everyday factor for folks to reside one and a half, two centuries after which go even farther from there,” Buterin stated.
Former Coinbase govt Balaji Srinivasan additionally co-founded Counsyl, a genomics startup targeted on inexpensive genetic testing for reproductive well being and illness screening. Coinbase CEO Brian Armstrong co-founded genetic startup NewLimit, which raised $130 million this yr.
Cointelegraph reached out to Hayes for remark however had not obtained a response by publication.
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Hayes stays lively in crypto
Hayes has additionally remained lively in crypto’s monetary frontier. His household workplace, Maelstrom, has backed digital asset treasury firms, publicly traded corporations stockpiling tokens on their steadiness sheets.
Final yr, Hayes’ Maelstrom fund additionally launched a Bitcoin grant program providing $50,000 to $150,000 yearly, with as much as $250,000 per developer, to assist open-source work to strengthen Bitcoin’s scalability, resilience, privateness and censorship resistance.
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