Today’s edition of The Weekly Recap describes Terra’s investor claims portal, President Trump’s latest Crypto Pardon, and the opening of Polymarket governance issues.
Terra opens Investor Billing Portal
Terraform Labs will launch an online system on March 31st, allowing investors to file claims for losses related to the collapse of Luna (Luna) Token and Terrausd Stablecoin. Investors must file claims through claims made up to April 30th. A delayed submission of your recovery rights is required through Terra.Money.
Trump forgives the founder of Bitmex
President Donald Trump has issued amnesty to three co-founders of Cryptocurrency Exchange Bitmex, former CEOs Arthur Hayes, Benjamin Delo and Samuel Reed. Executives previously pleaded guilty to violating bank secret laws for failing to maintain proper money laundering and customer programmes.
SEC will close investigations on Crypto.com
Crypto.com announced Thursday that the Securities and Exchange Commission has concluded its exchange investigation. This conclusion is the latest major crypto companies for removing SEC probes. Others reportedly include Immutable, crypto.com, Ripple, Coinbase, and “Hawk Tuah Girl.”
High lipids expand to spot trading
According to a announcement Thursday, the decentralized exchange is implementing direct deposits and withdrawals for spot trading. On Wednesday, the decentralized exchange suffered another whale manipulation event when a user shorted up a Solana (Sol) Meme Coin Jelly and the whale dumped the token to Dex.
USDT0 Stablecoin extends to an optimistic ecosystem
Tether’s USDT0 Stablecoin has expanded across the optimistic superchain after its successful launch on Kraken’s Ink Layer 2 network. USDT0 is currently live on the OP Mainnet with additional launches planned in the near future, according to a announcement Thursday.
Sambankmanfried will be transferred
The former FTX CEO has been moved to the Oklahoma City Federal Relocation Center, according to Thursday’s latest update on the Federal Prisons Bureau website.
Wyoming plans a stable state-issued token
Gov. Mark Gordon announced the encryption-friendly state’s intention to issue its own “stable tokens” at the Digital Chamber DC Blockchain Summit on Wednesday. The Republican governor cited Wyoming’s “right ecosystem for development” and corresponding government as advantages, noting that “we can do ten ways and get things going.”
Polymarket acknowledges governance attacks
The Crypto Prediction Market Platform said it is “aware” of alleged attacks against one of the betting markets, possibly including operations by the UMA Oracle provider. Betting between March 24-25, the $7 million bet titled “Does Ukraine agree to Trump in the mineral trade before April?” “It suddenly shifted from 9% to 100% chances, raising concerns about adjusted market manipulation.
SEC closes immutable investigation
The SEC has concluded its immutable investigation of an Australian crypto company that received a Wells notification in October. The investigation currently closed included Immutable itself, the IMX Ecosystem Foundation, and the company’s CEO.
Fidelity is planning Solana Ett
The $5 trillion asset management company filed with the SEC on Tuesday to create an exchange fund that tracks Solana prices. Cboe Exchange filed a 19B-4 filing to list proposed Solana ETFs after Fidelity signed up with the Solana Fund in Delaware last Thursday.
Dogecoin Foundation has acquired $1.8 million in Doge
The Foundation’s corporate arm, House of Doge, has purchased more than 10 million Dogecoins as part of a broader Dogecoin (Doge) reserve strategy. House of Doge was established in February with a five-year operating agreement and aims to relocate Doge as a practical payment currency, not primarily memocoin.
Strategy surpasses 500,000 Bitcoin milestones
Michael Saylor’s company has acquired an additional 6,911 Bitcoin (BTC) at $584.1 million with an average cost of $84,529 per token. The purchase brought the total holdings of the strategy to 506,137 BTC, each acquired for $33.7 billion, with an average of $66,608.
