Crypto & Finance News Update: March 29, 2025
BitMEX Co-Founders Pardoned
President Donald Trump has pardoned BitMEX co-founders Benjamin Delo, Arthur Hayes, and Samuel Reed, who had pleaded guilty in 2022 to violations of the Bank Secrecy Act related to anti-money laundering lapses.
GameStop Plans $1.3 Billion Bitcoin Investment
GameStop announced plans to raise $1.3 billion for purchasing Bitcoin, following a profitable Q4. The move aligns with other companies integrating cryptocurrencies into their treasury reserves.
Car Finance Scandal Reaches UK Supreme Court
The UK Supreme Court is set to hear a case involving undisclosed commissions in car finance agreements, with potential compensation costs estimated at £44 billion, comparable to the PPI scandal.
Namibia Lowers 2025 Economic Growth Forecast
Namibia's government has revised its 2025 economic growth forecast down to 4.5% from an earlier estimate of 5.4%, citing continued weakness in the diamond sector.
Cryptocurrency Investors Targeted in Violent Crimes
Crypto millionaires are increasingly targeted in kidnappings and home invasions due to the decentralized nature of digital currencies, prompting heightened security measures within the community.