COINDESK DAILY: Mt. Gox Moves Over $900M BTC
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 11 March 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as Mt. Gox moved over $900 million worth of bitcoin.
Over $900 million worth of bitcoin associated with hacked crypto exchange Mt. Gox was transferred as bitcoin dipped below $77,000 amid economic uncertainty. CoinDesk's Christine Lee hosts "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee 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
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| 0:00.0 | Almost a billion in Bitcoin moves from Mount Gox and the U.S. seeks to reverse anti-cryptopo policies. |
| 0:07.0 | It's Tuesday, March 11th, 2025. I'm Christine Lee. This is CoinDest Daily. |
| 0:17.0 | Over $900 million worth of Bitcoin associated with hacked exchange, Mountox has been moved to an unmarked wallet address, according to blockchain analytics firm Look on Chain. |
| 0:29.5 | This movement has sparked speculation about potential market impacts as creditors await long-delayed repayments. |
| 0:35.7 | Bitcoin dipped below $77,000 late Monday amid a two-week |
| 0:39.8 | downward trend exacerbated by global sentiment, fears of U.S. trade tariffs, and a possible |
| 0:45.6 | recession. Crypto bros are not happy about the declines with economist Peter Schiff heckling. |
| 0:51.3 | Now there is another reason to bring manufacturing back to the United States. |
| 0:55.1 | A lot of crypto millionaires are going to need jobs. And another viral post apologizing to former |
| 1:00.4 | Vice President Kamala Harris, exclaiming, I'll use whatever pronouns you want as long as my wealth |
| 1:05.9 | stops going by the pronouns was and were. President Donald Trump plans to sign an executive order |
| 1:12.0 | aimed at reversing Biden era covert efforts |
| 1:15.2 | to target and debank the crypto industry referred to as |
| 1:18.0 | Operation Choke Point 2.0. |
| 1:20.6 | The order could impact Federal Reserve policies |
| 1:23.1 | by potentially allowing crypto-focused banks |
| 1:25.6 | previously denied master accounts to access Fed services. |
| 1:29.5 | At last week's White House Crypto Summit, U.S. President Donald Trump said he would end ChokePoint 2.0, |
| 1:34.4 | and his crypto advisor, Bo Hines, confirmed to decrypt that the executive order is in progress. |
| 1:40.3 | Friends, Defi is having a moment. |
| 1:42.8 | Uniswap Labs web app and wallet connect you to the excitement. |
| 1:47.0 | Swapping and bridging our simple, low-cost, and lightning fast across 13 chains, including |
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