COINDESK DAILY: Marathon Digital Buys $100M BTC; India's Special Task Force for Crypto-Related Drug Trafficking
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 25 July 2024
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Jennifer Sanasie breaks down the news in the crypto industry from Marathon Digital's purchase of $100 million worth of BTC to India's special task force for drug trafficking related to crypto and the dark net.
To get the show every day, follow the podcast here.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Marathon Digital bought $100 million worth of BTC in the open market and said it will readopt its strategy to hold all mined bitcoin on its balance sheet. Plus, India has seen as many as 92 cases involving the dark net and crypto for drug trafficking in the past four years, and Coinbase's CBPL was fined more than 3.5 million pounds by the Financial Conduct Authority.
-
This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash |
| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.8 | Marathon Digital decides to hoddle, and India creates a special task force for crypto-related crime. |
| 0:55.6 | This is Coin Desk Daily. I'm your host, Jen Sanasi. |
| 1:03.7 | Marathon Digital, one of the largest Bitcoin miners, bought $100 million worth of Bitcoin in the open market. |
| 1:09.4 | The firm said it will re-adopted strategy to hold |
| 1:12.2 | all mined Bitcoin on its balance sheet. The miner now holds over 20,000 Bitcoin worth nearly |
| 1:17.2 | $1.3 billion based on current prices on its balance sheet. And it plans to buy more in the open |
| 1:22.4 | market. That's according to a statement released on Thursday. The decision to huddle comes |
| 1:26.4 | almost a year after Marathon started to sell its mind digital |
| 1:29.3 | assets to pay for the company's operating expenses during the market implosion. |
| 1:35.3 | And India has seen as many as 92 cases involving the dark net and crypto for drug trafficking since 2020, |
| 1:41.3 | until April 2024. That's according to the nation's junior home minister. |
| 1:45.7 | The data did not provide a distinction between how many of the 92 cases were solely |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.