Bitcoin price today: steady at $82k ahead of Trump tariffs

Author: Investing.com

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Top 3 Altcoins To Avoid The TRAPS

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15 Years Since Huge Bitcoin Bug Satoshi Had to Fix ASAP

Author: U.Today

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Terraform Labs Opens Investor Claims Portal Nearly Three Years After $45 Billion Crash

Terraform Labs is finally allowing investors to seek reimbursement nearly three years after its dramatic downfall. On March 31, the company will open a claims portal for those who lost at least $100 in the Terra ecosystem's $45 billion collapse in May 2022, according to an announcement on Medium.

The move follows a Delaware court’s approval for Terraform Labs to wind down operations, marking one of the final steps in the company's long-running legal and financial troubles.

How the Claims Process Works

Terraform Labs has set an April 30 deadline for all claims. Investors seeking compensation must submit documentation proving their losses through the portal. The company categorizes evidence into two types: manual and preferred.

Manual evidence includes transaction logs, account statements, and screenshots. However, preferred evidence is considered more reliable, especially for users of major crypto exchanges.

Terraform Labs has cautioned that claims submitted with manual evidence may undergo lengthy review processes and could even be disqualified if preferred evidence is available. The company estimates that it may reimburse investors between $184.5 million and $442.2 million, though the exact figure remains uncertain.

Terraform Labs’ Legal and Financial Turmoil

Terraform Labs has been entangled in legal disputes since its high-profile crash. In June 2024, the company settled with the U.S. Securities and Exchange Commission for $4.47 billion.

Around the same time, Terraform Labs announced it would shut down and transfer control of the Terra blockchain to its community, effectively marking the end of its operations. The company also planned to sell key projects in the Terra ecosystem and burn its token holdings.

After being arrested in Montenegro, he was extradited to the United States, where he faces eight felony charges from the U.S. Justice Department. His court hearing, originally scheduled for earlier this year, has been delayed until April 10 as prosecutors review newly obtained evidence.

The collapse of the Terra ecosystem in 2022 had ripple effects across the cryptocurrency industry. The failure of its algorithmic stablecoin, TerraUSD (UST), and the subsequent crash of the LUNA token led to billions in losses and eroded trust in similar projects.

This article was written by Jared Kirui at www.financemagnates.com.

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Bitcoin price today: hovers around $87K as Trump's auto tariffs weigh

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Bitcoin Whales With 10K BTC Holdings Increase — Supply Squeeze Incoming?

Author: U.Today

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Will XRP Go Up Soon? Price Unchanged as Ripple Labs Closes Legal Battle With SEC

After more than four years of legal battles, Ripple Labs is officially closing the chapter on its lawsuit with the U.S. Securities and Exchange Commission (SEC).

In what may be the final update on the case, Ripple Chief Legal Officer Stuart Alderoty announced that the company will drop its cross-appeal and secure a $75 million refund from a prior judgment.

Despite the positive development, XRP’s price has yet to jump in the daily chart. At the time of this publication, the price had little change in the daily chart at $2.45, despite an 8% rise in the weekly chart.

Ripple and SEC Drop Appeals, Finalizing Settlement

Ripple’s legal team confirmed that the firm will withdraw its cross-appeal against the SEC in the U.S. Court of Appeals for the Second Circuit. The August 2024 ruling from the Southern District of New York, which found Ripple liable for $125 million, will stand.

The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an…

— Stuart Alderoty (@s_alderoty) March 25, 2025

However, instead of paying the full amount, the SEC will retain only $50 million in escrow, while Ripple will receive a refund of the remaining balance. The agency will also request the court lift a previously imposed injunction, finalizing the case's resolution.

Alderoty stated that all agreements are subject to final documentation, court approval, and an official vote by the SEC commissioners. The move followed last week’s announcement from Ripple CEO Brad Garlinghouse that the SEC had decided to drop its appeal over the judgment, signaling a mutual resolution between both parties.

The SEC’s lawsuit against Ripple, first filed in December 2020, was one of the longest-running enforcement actions against a major U.S. crypto firm. The agency had accused Ripple of raising $1.3 billion through the sale of its XRP token without registering it as a security.

The legal battle reportedly cost Ripple an estimated $150 million in legal fees, but it also set a major precedent for the crypto industry. Ripple emerged as one of the few crypto firms that challenged the SEC’s enforcement approach—and won on key legal questions.

Political and Regulatory Implications

With the SEC withdrawing its appeal and settling with Ripple, the agency’s broader approach to crypto regulation appears to be shifting. On March 27, the Senate Banking Committee is set to consider the nomination of former SEC Commissioner Paul Atkins as the agency's next chair.

Atkins, known for his more industry-friendly stance, is expected to face questions on his regulatory approach and potential conflicts of interest. As Ripple closes the book on its legal fight with the SEC, the crypto industry is watching closely to see how regulatory policy evolves under new leadership.

This article was written by Jared Kirui at www.financemagnates.com.

* This article was originally published here