THE HASH: Do Kwon's Attorneys Propose $437K Bail; Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates

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4.7 • 698 Ratings

🗓️ 11 May 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Thursday, May 11, 2023. This episode is sponsored by Ciphertrace. "The Hash" team discusses the biggest stories shaping the crypto industry today, including attorneys for Terraform Labs founder Do Kwon proposing he be let off on supervised bail as he faces charges in Montenegro for attempting to travel with falsified documents. This comes as Marathon Digital Holdings reported a narrower-than-forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift one of the largest publicly traded crypto miners in North America back toward profitability. See also: Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe - Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com. - This episode has been edited by senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” 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	This episode of The HASH is sponsored by CipherTrace, a mastercard company.
0:12.0	This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more.
0:19.8	All on the H Hash for your ears.
0:23.3	You're listening to the Coin Desk Podcast Network.
0:27.6	Hey, everybody.
0:28.8	It's Zach Seward.
0:29.6	You're watching The Hash on CoinDest TV.
0:31.8	I am joined by the lovely Jensenassie,
0:33.8	the equally lovely Will Foxley,
0:35.4	and the extra lovely Adam B. Levine. We're going to talk
0:38.2	about stuff that's going on in the world of crypto. That's what we do here. It's fun. All right,
0:43.2	I'm leading us off. We're going to talk about Doe Kwan. Terraform Labs founder Do Kwan. It's on
0:49.3	the run from authorities until recently arrested by the Montenegrin cops not long ago. Doquan's
0:56.1	attorneys now proposing a $437,000 bail, and they're denying the charges of having falsified
1:02.9	travel documents, which is what Doquan and one of his colleagues was booked on. So the
1:08.6	Doquan saga continues in this jurisdiction and in others,
1:12.2	where we have with the Doquan story, Jen, what do you thinking? What's this about? What's this
1:16.2	about? Well, I read this story and I think it's pretty easy to prove if a document is real or not.
1:23.8	And so for them to be charged and sitting in jail for using fake travel documents and then
1:29.3	for them to say I haven't committed any crime, I just feel like we keep getting gaslit. Like something
1:34.6	happens. That's like, you know, a real thing that we can all see the effects from. And then
1:39.0	they're like, you know, actually it wasn't my fault. I didn't know anything was going on. And now
	...

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