CandleFocus Did Arthur Hayes dump the project he shilled at Token2049?
2024-09-20
Author: Content Editor
At the Token2049 conference in Singapore, ex-BitMEX CEO Arthur Hayes used his speech to promote the crypto project Pendle. Shortly after the conference, Hayes transferred over a million dollars' worth of Pendle to his accounts at Binance and ByBit, leading many to speculate that he had sold his tokens. The reaction to the transfer was mixed, with some criticizing Hayes for his timing and others suggesting that it was just business as usual. It is unclear whether Hayes has profited overall from his Pendle investments. Hayes has a history of controversy, having pled guilty to money laundering charges in 2022 and serving a sentence and paying a fine.
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