According to Fox News, former President Trump has pardoned a former Virginia sheriff who was previously convicted of accepting $75,000 in bribes (source: Fox News, May 26, 2025). This high-profile pardon may influence market sentiment around regulatory enforcement in the United States, which is particularly relevant for cryptocurrency traders monitoring shifts in legal and compliance attitudes. Historically, shifts in enforcement tone from top political figures have preceded changes in crypto market volatility and trading volume, as traders adjust risk models in anticipation of possible regulatory leniency or unpredictability (source: Fox News).