Overview
Arthur Hayes (born 1985) is an American entrepreneur, and a co-founder and former CEO of cryptocurrency exchange BitMEX. He graduated from the Wharton School of Business in 2008. Hayes was reported as being the youngest African American crypto billionaire in history. In 2022, Hayes pled guilty to United States Bank Secrecy Act violations and was sentenced to six months of home detention, two years of probation, and a $10 million fine.
Background
Hayes was born in Detroit, Michigan, to middle class parents who worked for General Motors. He attended Nichols School, a private preparatory school in Buffalo, New York, played varsity tennis and was a varsity cross-country runner, and graduated second in his class in 2004. His family relocated to Buffalo after searching for a school that they felt would give him the environment to thrive as a student, and as an athlete. Hayes has created scholarships for students so that they can experience the education that he received at Nichols. His mother Barbara Hayes was quoted as saying "Nichols gave him the setting, the stimulation, and at one point, the scholarship to thrive.”
Hayes has a B.S. in economics and finance from the Wharton School of Business at the University of Pennsylvania, which he earned in 2008. He later lived in Singapore.
Career
From Wikipedia (CC BY-SA 4.0).