April 3, 2025

Trump pardons a corporation fined $100 million

 Matt Sledge, Intercept - Amid a flurry of pardons President Donald Trump issued to white-collar criminals last week, one name that has largely escaped notice did not belong to a person at all.

In what may have been a first, Trump pardoned a corporation. The company to earn that distinction was a cryptocurrency exchange sentenced to a $100 million fine for violating an anti-money laundering law.

The move surprised scholars of presidential pardons, which have traditionally been considered the domain of human beings. Several experts contacted by The Intercept said Trump appears to have acted within his powers, but they were unaware of any prior instances of corporations granted full pardons.

 

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