CoinDesk’s acquisition raises concerns over editorial independence
As Bullish’s acquisition of Coindesk poses a potential conflict of interest, some in the industry are raising questions about editorial independence . CoinDesk has established itself as an independent, often hard-hitting news organization covering the crypto sector. For context, CoinDesk investigated FTX’s solvency before breaking the news in Q4 2022. Only weeks later, the once popular crypto exchange filed for bankruptcy. Sam Bankman-Fried, the former CEO, was found guilty of all seven criminal charges in late October 2023. The sentence is scheduled for March 2024. Jason Yanowitz, the founder of crypto news outlet Blockworks, took to X on Nov. 20, saying CoinDesk’s editorial integrity could suffer under new ownership linked to a specific blockchain project. 7/ As someone who competes against CoinDesk, this acquisition is good for us. But as someone who loves crypto and believes that, now more than ever, we need unbiased media to move the industry forward in a...