WASHINGTON / LONDON (IT BOLTWISE) – Donald Trump’s surprise pardon of Heather Morgan, one of the infamous Bitfinex hackers, has caused confusion in the crypto community. While other high-profile pardons received more attention, this move raises questions about Trump’s possible motives.
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Donald Trump’s recent decision to pardon Heather “Razzlekhan” Morgan, one of the infamous Bitfinex hackers, has caused a stir in the crypto community. Morgan, who was convicted of money laundering in connection with the Bitfinex hack, recently thanked Trump for her early release from prison. She was originally scheduled to remain incarcerated until January 2026, but Trump’s intervention significantly shortened her sentence.
Morgan’s pardon came at a time when Trump was already being criticized for releasing CZ, the former CEO of Binance. This decision has divided the Web3 community and diverted attention from other controversial pardons. While CZ was pardoned due to his business dealings with Trump, it remains unclear what benefits Morgan could offer the former president.
A possible reason for Trump’s decision could lie in his proposed idea of a “Crypto Strategic Reserve”, similar to the US oil reserve. By portraying Morgan’s conviction as an excessive measure by the Biden administration, Trump could seek to keep the seized Bitcoin as government property. However, this remains speculation as Trump’s interest in the Bitfinex assets is just one piece of a larger puzzle.
The crypto community is concerned that such pardons, which release criminals back into the wild, could cause long-term damage. If these individuals resume their criminal activities, it could further undermine trust in the crypto market. Trump’s decisions raise questions about the integrity and future direction of crypto regulation.
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