1. Pantera Capital’s New Fund: Pantera Capital is raising a fund to purchase up to $250 million of SOL tokens from the FTX estate at a discount of 39% below its average price. 2. Airdrop Season: Wormhole confirms a W token airdrop on Solana and Ethereum, and Kamino announces a token launch with airdrops planned for March 31. 3. BlockFi Settlement: BlockFi reaches a settlement with FTX’s estate for $874.5 million, with FTX forfeiting its right to “clawback” capital from BlockFi. 4. Do Kwon’s Extradition: Terra founder Do Kwon will be extradited from Montenegro to South Korea after March 23 to face charges over the collapse of his crypto enterprise. 5. Fed’s Stance on CBDCs: Federal Reserve Chair Jerome Powell states that the Fed is “nowhere near” adopting a central bank digital currency (CBDC). 6. ShapeShift’s SEC Settlement: Crypto exchange ShapeShift settles with the SEC for $275,000 over alleged securities law infractions, with dissenting opinions questioning the SEC’s approach.
