Gregory Dwyer
- Status of the full grant
- Pardons granted
- Clemency
- Pardon · Mar 27, 2025
- District
- Southern District of New York
- The case
- Violating the Bank Secrecy Act: BitMEX's head of business development pleaded guilty to one count of failing to maintain anti-money-laundering and know-your-customer programs at the exchange.
WHAT THE RECORD SHOWS
Dwyer was BitMEX's head of business development rather than a founder; CNBC described him as a fourth former high-ranking employee of the company. He pleaded guilty to one count of violating the Bank Secrecy Act over the exchange's failure to maintain anti-money-laundering and know-your-customer programs. Prosecutors accused the men of effectively operating BitMEX as a “money laundering platform” whose purported withdrawal from the U.S. market was “a sham,” according to the same report.
CNBC reported that he received 12 months of probation and agreed to pay $150,000 in fines. The Justice Department's clemency list records the sentence as one year's probation and a $150,000 fine, imposed November 16, 2022 in the Southern District of New York.
The Justice Department dates the pardon March 27, 2025, one of six pardons its list records that day, alongside the three co-founders, the company HDR Global Trading Limited and Trevor Milton. No lobbyist or donation is documented in the sources cited for this grant.
RESPONSE
The cited report quotes no response from Dwyer.
Correction to the shared entry, BitMEX founders and HDR Global Trading. An earlier version said the grants came the same day as the Milton pardon and during the launch period of Trump-family crypto ventures. The same-day timing is from the Justice Department list; the earlier wording implied a connection the cited sources do not establish. Corrected September 18, 2026. Note added September 23, 2026.
SOURCES FOR THE FULL GRANT
- Wikipedia: List of people granted executive clemency in the second Trump presidency ↗
- U.S. Department of Justice, Office of the Pardon Attorney: Clemency grants by President Donald J. Trump (2025-present) ↗
- NBC Los Angeles (CNBC): Trump pardons three BitMEX crypto exchange co-founders, and ex-employee ↗
This grant is recorded in full at BitMEX founders and HDR Global Trading, which carries the shared record and every source cited here. A connection recorded here is not proof that it bought the outcome. How entries are labeled · Submit a correction or response · Download the ledger
