A Pair of Pardons and a Commutation

President Trump commuted the prison sentence of Carlos Watson, former CEO of Ozy Media, who had been convicted of fraud for misleading investors about the company’s finances. He also granted clemency to Trevor Milton, the founder of Nikola Motors convicted of securities and wire fraud, and to the co-founders and a former employee of the crypto exchange BitMEX, who had pleaded guilty to violating anti-money laundering laws.