the amazing president bigly has just shown us all who he is as he pardons corporations; 

 

Donald Trump once campaigned as “the law-and-order” champion. He now uses presidential pardons not only to forgive scores of people convicted of serious crimes, but also to erase criminal penalties imposed on corporations.

Recently, Trump has carried the presidential pardon into territory no modern president entered before, granting clemency to nine corporations during his second term. Eight received pardons, and one received a commutation.

The actions erased nearly $200 million in fines, restitution and other penalties, according to Bloomberg. Some of that money had been intended for victims. At the same time, a broader California analysis estimates that Trump’s clemency actions across both terms have eliminated about $2 billion in court-ordered or requested restitution, fines, and forfeitures.

The implications extend far beyond nine companies. Corporate prosecutions rely heavily on fines, restitution, probation, and reputational damage. A corporation cannot go to prison. Therefore, when a president removes those penalties, he can dismantle nearly everything a criminal prosecution achieved.

BitMEX and Ozy Media

Bloomberg reported that the practice began with the cryptocurrency industry and soon expanded.

Trump pardoned HDR Global Trading, the parent company of cryptocurrency exchange called BitMEX, on March 27, 2025. A federal court had fined the company $100 million for willfully failing to maintain an adequate anti-money-laundering program. Trump acted during the same week that the fine came due.

He also pardoned BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, as well as executive Gregory Dwyer. All four had pleaded guilty to Bank Secrecy Act violations.............more............