They were sold to an exchange over a year ago and the author claims they've been following their incentives and destroying real reporting.
This morning, first reported by Fortune, CoinDesk fired three newsroom leaders who have defined its success, and all three of whom I worked with very directly. They include Nick Baker, who sheperded the reporting by Ian Allison that brought down FTX and Sam Bankman-Fried. Also fired were Marc Hochstein, who oversaw the opinion and magazine section where I did most of my work; and Kevin Reynolds, Editor in Chief, who made the newsroom as a whole into the machine of loving grace that it was, for all-too brief a moment. These are real men - the real-world version of the fantasy Chads that right-wing morons fetishize - who struggled and fought and stood up for what they believed was right, not just for them, but for other people, and for the world.