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This Week in Crypto: Ukraine War, Marathon Digital, FTX

Bitcoin miner Marathon Digital to restate its financials, crypto's role in the Ukraine war, and more. 

Photographer: Akos Stiller/Bloomberg

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Last month marked the one-year anniversary of Russia’s invasion of Ukraine, which has had a devastating impact on Ukraine's economy, people and landmarks. In this episode, we consider the nuanced role that crypto has played so far in the conflict. 

Plus, a review of what's happening with Bitcoin miner Marathon Digital: The company was supposed to report earnings this week, but instead announced it’s restating financials from previous quarters. We’ll explain what, if anything, accounting and the price of Bitcoin have to do with prospects for the sector. 

The show also has the latest on an FTX lieutenant who recently pleaded guilty to various crimes in a New York court. 

 Bloomberg senior editor Dave Liedtka and reporter Emily Nicolle join this episode to discuss.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.

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 03.03.2023

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