In this week’s cryptocurrency roundup, we cover the launch of Terra’s investor claims portal, updates on Trump’s crypto pardon, Polymarket’s governance issues, and other significant developments in the crypto space.

Terra Launches Investor Claims Portal

Terraform Labs has announced the opening of an online claims system on March 31, designed for investors affected by the collapse of the Luna (LUNA) token and TerraUSD stablecoin. Investors must file claims by April 30 at 11:59 p.m. ET to retain recovery rights. Late submissions will not be considered.

Trump Pardons BitMEX Founders

Former President Donald Trump has issued pardons to three co-founders of the cryptocurrency exchange BitMEX: Arthur Hayes, Benjamin Delo, and Samuel Reed. The three executives had previously pleaded guilty to charges related to violations of the Bank Secrecy Act, which included failing to implement adequate anti-money laundering and know-your-customer protocols.

SEC Ends Crypto.com Investigation

Crypto.com confirmed that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the exchange. This marks another instance of major crypto firms seeing SEC probes dropped, a list that reportedly includes Ripple and Coinbase.

Hyperliquid Expands to Spot Trading

Hyperliquid, a decentralized exchange, has introduced direct deposits and withdrawals for spot trading as part of its latest update. The launch comes after an incident involving whale manipulation, where a user shorted the Solana meme coin JELLY while a whale dumped the token on decentralized exchanges.

Tether USDT Expands to Optimism Ecosystem

Tether’s USDT stablecoin has been successfully integrated into Optimism’s Superchain and is now live on the OP Mainnet. Future expansions across Optimism’s ecosystem are also planned, according to official announcements.

Sam Bankman-Fried Transferred to Oklahoma Facility

Former FTX CEO Sam Bankman-Fried has been moved to the Oklahoma City Federal Transfer Center, as confirmed by the Federal Bureau of Prisons. This transfer marks another development in his ongoing legal challenges.

Wyoming Plans State-Issued Stable Token

Wyoming Governor Mark Gordon has announced the state’s intention to issue its own stable token, citing its crypto-friendly ecosystem and responsive government. The initiative aims to position Wyoming as a leader in blockchain innovation.

Polymarket Faces Governance Attack

Polymarket, a crypto prediction platform, acknowledged concerns over a potential governance attack involving its UMA oracle provider. Between March 24-25, a $7 million bet titled “Ukraine agrees to Trump mineral deal before April?” saw its probability shift dramatically from 9% to 100%, raising questions about market manipulation.

SEC Ends Investigation Into Immutable

The SEC has concluded its investigation of Australian crypto company Immutable, which had received a Wells notice in October. The investigation involved Immutable, the IMX Ecosystem Foundation, and the company’s CEO. No charges have been filed.

Fidelity Plans Solana ETF

Fidelity, a leading asset management firm, has filed with the SEC to launch an exchange-traded fund (ETF) tracking Solana prices. This follows Fidelity’s registration of a Solana Fund in Delaware, signaling its growing interest in blockchain-based assets.

Dogecoin Foundation Acquires $1.8 Million in DOGE

The Dogecoin Foundation’s corporate arm, House of Doge, has purchased over 10 million Dogecoin (DOGE) as part of its strategy to rebrand DOGE as a practical payment currency. The initiative aligns with the foundation’s broader goals to enhance Dogecoin’s utility beyond its reputation as a memecoin.

MicroStrategy Surpasses 500,000 Bitcoin Milestone

MicroStrategy, led by Michael Saylor, has acquired an additional 6,911 Bitcoin (BTC) for $584.1 million at an average cost of $84,529 per token. This purchase raises the company’s total Bitcoin holdings to 506,137 BTC, acquired for approximately $33.7 billion at an average cost of $66,608 per token.

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