Pardon scope expands to crypto sector, BitMEX parent company's $100 million fine waived

Odaily Planet Daily News: In his second term, Trump set a precedent in modern U.S. history by pardoning companies, having already pardoned 9 firms, including HDR Global Trading, the parent company of crypto exchange BitMEX. The company faced a $100 million fine for violating anti-money laundering regulations. Trump signed a pardon on March 27, 2025, absolving four former executives, including co-founder Arthur Hayes, and the company itself, coinciding with the week the fine was due. Reports indicate that the idea of pardoning companies was first proposed in early 2025, when BitMEX's parent company was quietly seeking a pardon. Some White House officials cited the precedent of King Charles II of England pardoning a company over 300 years ago as justification.