According to Bloomberg, the Trump administration's broad pardons of crypto industry figures have raised concerns, with lawyers charging clients up to 1 million USD for pardon efforts.
- Nikola founder Trevor Milton received a full pardon from Trump in March 2023; he was convicted of fraud in 2022 and had donated 1.70 million USD to support Trump's 2024 campaign.
- FTX founder SBF's family is also seeking a pardon, with legal fees exceeding 1 million USD.
- Early Bitcoin advocate Roger Ver spent 600 thousand USD hiring Trump ally Roger Stone to lobby, but did not receive a pardon due to renouncing U.S. citizenship.
- Binance founder Changpeng Zhao and Ozy Media founder Carlos Watson have also sought pardons through lawyers.
- Since taking office, Trump has pardoned approximately 1,600 individuals.