Trump pardons Nikola founder Trevor Milton in securities fraud case

Pardoning Corporations (Apropos President Trump's Pardon of BitMEX)

The Hill (Kimberly Wehle) reported yesterday: On Friday, Trump issued full and unconditional pardons to four individuals and a related cryptocurrency exchange, BitMEX. BitMEX solicits and takes orders for trades in derivatives tied to the value of cryptocurrencies, including Bitcoin. Last summer, BitMEX entered a guilty plea in a Manhattan federal court for violating the Bank Secrecy Act for having operated without a legitimate anti-money launde…

In a few weeks, the U.S. president pardoned several economic delinquents, looters, or inveterate liars. These crooks often have the characteristic of having been prosecuted or convicted by magistrates who opposed Trump before his re-election.

Trump Just Pardoned ... a Corporation?

In what may be an American first, President Donald Trump pardoned to a company sentenced to $100 million in fines for breaking money laundering laws.

How Corporate Pardons Create Monopolies

Rocket wants to became the only mortgage company in America. The CFPB found its tactics to be illegal—until Donald Trump let the company off the hook.

Trump Pardons Corporation Found Guilty of Massive Financial Crimes

In a shocking and unprecedented move, President Trump has expanded his pardon power to include corporations. This decision is the first of its kind in U.S. history, raising serious questions about accountability for large businesses, especially those involved in criminal activity. Corporations, by nature, are created to maximize profits for shareholders. But they are also capable of committing crimes and being charged for them. A 1999 Justice De…

Trump explains pardon of Utah billionaire Trevor Milton who was convicted of fraud

President Donald Trump says he pardoned Utah billionaire Trevor Milton, the CEO of now-defunct hydrogen and electric truck firm Nikola, in part because he believed Milton was persecuted for supporting Trumps political ambitions.In October 2022, a New York jury convicted Milton on federal charges of securities fraud and wire fraud.Prosecutors in the US Attorneys Office in the Southern District of New York had accused Milton of making false and mi…