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Today’s edition of the weekly recap covers the opening of Terra’s investor claims portal, President Trump’s latest crypto pardon, and Polymarket’s governance issues. Terra opens investor claims portal Terraform Labs will launch an online system on March 31, allowing investors to file claims for losses related to the collapse of the Luna (LUNA) token and TerraUSD stablecoin. Investors must submit claims by April 30 at 11:59 p.m. ET through claims.terra.money, with late submissions forfeiting recovery rights. Trump pardons BitMEX founders President Donald Trump issued pardons to three co-founders of cryptocurrency exchange BitMEX: former CEO Arthur Hayes, Benjamin Delo, and Samuel Reed. The executives had previously pleaded guilty to violating the Bank Secrecy Act for failing to maintain proper anti-money laundering and know-your-customer programs. SEC ends Crypto.com investigation Crypto.com announced Thursday that the Securities and Exchange Commission has closed its investigation into the exchange. This conclusion is the latest major crypto firm to have SEC probes dropped. Others reportedly include Immutable, Crypto.com, Ripple, Coinbase and “Hawk Tuah Girl.” Hyperliquid expands to spot trading The decentralized exchange has implemented direct deposits and withdrawals for spot trading, according to Thursday’s announcement. On Wednesday, the decentralized exchange also suffered another whale manipulation event when a user shorted the Solana (SOL) meme coin JELLY while a whale simultaneously dumped the token on DEXs. USDT0 stablecoin extends to Optimism ecosystem Tether’s USDT0 stablecoin is expanding across Optimism’s Superchain following its successful launch on Kraken’s Ink layer 2 network. According to Thursday’s announcement, USDT0 is now live on OP Mainnet with additional launches planned in the near future. Sam Bankman-Fried gets transferred According to Thursday’s update on the Federal Bureau of Prisons website, the former FTX CEO has been moved to the Oklahoma City Federal Transfer Center. Wyoming plans state-issued stable token Governor Mark Gordon announced the…

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Filed under: News - @ March 30, 2025 11:26 am