[Trump Expands Corporate Pardons to Crypto Sector, $100M Fine Against BitMEX Parent Company Wiped Out] According to Bloomberg, Trump set a precedent in modern U.S. history for pardoning corporations during his second term, having pardoned nine companies to date, including HDR Global Trading, the parent company of crypto trading platform BitMEX. The company faced a $100 million fine for violating anti-money laundering regulations, but Trump signed a pardon order on March 27, 2025, absolving the company itself as well as four former executives, including co-founder Arthur Hayes. The timing coincided with the same week the fine was due. The report noted that the idea of pardoning corporations was first proposed in early 2025, when BitMEX's parent company was quietly lobbying for a pardon. Some White House officials cited a precedent from over 300 years ago, when King Charles II granted a pardon to a company, as justification.