Senin, 31 Maret 2025

Trump pardons BitMEX founders; SBF sent to solitary


BitMEX co-founders get a Trump pardon, SBF lands in solitary, and more top headlines in crypto.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

Trump reportedly pardons BitMEX co-founders, SBF moved to solitary, & more

Mar. 23 - 29

#1

Trump pardons 3 BitMEX co-founders — Report

US President Donald Trump reportedly issued pardons to three co-founders of the cryptocurrency exchange BitMEX, who had pleaded guilty to felony charges.

According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo and Samuel Reed, who were facing a range of criminal charges related to money laundering or violations of the Bank Secrecy Act. Hayes and Delo pleaded guilty in February 2022, admitting they "willfully fail[ed] to establish, implement and maintain an Anti-Money Laundering program" at BitMEX, while Reed entered a plea a few weeks later.

Get the full story

#2

Market is underestimating how quickly Bitcoin will hit new ATH: Analyst

Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst.

"The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out," Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.

He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trump's tariffs and potential recession concerns.

#3

Ex-FTX CEO moved to transit facility after interview

Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam Bankman-Fried to a transit facility days after political commentator Tucker Carlson interviewed him.

As of March 27, the bureau's website showed Bankman-Fried was being housed at the Federal Transfer Center in Oklahoma City, suggesting he may be moved from the facility where he was incarcerated while awaiting trial and then moving forward with an appeal of his conviction.

Carlson remotely interviewed Bankman-Fried, commonly known as SBF, from the Metropolitan Detention Center in Brooklyn, New York, on March 5 — a reportedly unsanctioned event that resulted in the former FTX CEO being sent to solitary confinement.

Prediction of the Week

XRP price may drop another 40% as Trump tariffs spook risk traders

XRP's price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, as Ripple's long-running legal battle against the US Securities and Exchange Commission came to an end.

As of March 21, XRP bounced after testing the triangle's lower trendline, eyeing a rise toward the upper trendline — around the apex point at the $2.35 level — by April. The ultimate target for this possible breakout is $4.35 by June, up 75% from the current price levels.

Conversely, a drop below the lower trendline could invalidate the bullish setup, setting XRP on the path toward $1.28. The bearish target is obtained by subtracting the triangle's maximum height from the potential breakdown point at $2.35.

FUD of the week

Lazarus Group's 2024 pause was repositioning for $1.4B Bybit hack

North Korea-affiliated hackers may have scaled back their operations in the second half of 2024 while preparing for what became the largest crypto hack in history.

The crypto industry was rocked by the enormous hack on Feb. 21 when Bybit lost over $1.4 billion to the infamous North Korean Lazarus Group, which seems to have prepared the attack months in advance.

According to blockchain analytics firm Chainalysis, illicit activity tied to North Korean cyber actors sharply declined after July 1, 2024, despite a surge in attacks earlier that year.

The slowdown in crypto hacks by North Korean agents had raised significant red flags, according to Eric Jardine, Chainalysis cybercrimes research lead.