Record at a Glance
- Clemency type
- Pardon
- Presidential term
- 2025–Present
- Federal district
- Southern District of New York
- Offense
- Conspiracy to commit securities fraud; securities fraud
- Sentence
- One year and one day's imprisonment; one year's supervised release; $43,427,436 restitution (February 28, 2022)
- Current status
- Pardoned; the SEC's separate civil action was dismissed with prejudice in September 2025. Any subsequent proceeding or current business role requires further verification.
Original Case
Archer was convicted in the tribal-bond fraud prosecution. DOJ reported a February 28, 2022 sentence of one year and one day in prison, one year of supervision, $15,700,513 forfeiture and $43,427,436 restitution. Courtroom reporting says the sentence was vacated in May 2024 for resentencing; the actual order and subsequent judgment must be checked before representing the 2022 terms as operative at clemency.
Clemency
2025-03-25: Full and unconditional pardon of the specified federal case.
Trump Connection
Archer testified in the congressional inquiry into the Biden family's business dealings. Trump publicly supported his clemency. Testimony and political support do not establish a bargain or prove allegations about other people.
Since Clemency
2025-09-18 · civil enforcement disposition
The SEC filed a joint stipulation dismissing its enforcement action against Archer with prejudice, describing the decision as discretionary.
Legal Status: Dismissal of a separate civil action; not a criminal adjudication or a finding that the underlying conduct did not occur.
- Development Source
SEC dismissal of Archer actionSEC - Development Source
Filed dismissal stipulationSEC / federal court
- Development Source
Sources
- Primary Documentation
DOJ: Clemency Grants by President Donald J. Trump (2025–Present)U.S. Department of Justice2026-09-24 - Primary Documentation
DOJ clemency document: Devon ArcherU.S. Department of Justice, Office of the Pardon Attorney2026-09-24 active - Primary Documentation
Archer sentencingDOJ - Primary Documentation
SEC dismissal of Archer actionSEC - Primary Documentation
GovInfo executive grantSupplement research source - Primary Documentation
filed stipulationSupplement research source - Supporting Reporting
Archer sentencing proceedingsInner City Press - Supporting Reporting
Archer pardon and congressional testimonyAssociated Press