Danny Nelson

Managing Editor - Data & Tokens

Danny was CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Latest from Danny Nelson

Markets

The Bahamas Edges Closer to Hurricane-Proof Digital Currency

The Bahamas is betting its mobile phone-based digital currency could be the key to faster post-disaster economic recovery.

Jul 15, 2020

While Hurricane Dorian knocked out the Bahamas' banks for months, the cell network was back up in days. (Paul Dempsey/Shutterstock)

Markets

IRS Sued by Ex-Coinbase User Over Seizure of Financial Records

Jim Harper claims the tax collector violated his Fourth Amendment rights by seizing his crypto account records without obtaining a warrant.

Jul 15, 2020

Markets

Darknet Markets Are Mixing Bitcoins at Blistering Pace: Report

Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019's Q1 total of $3 million.

Jul 15, 2020

Markets

Texas Man’s Alleged Use of PPP Funds for Crypto Instead of BBQ Has Feds Asking ‘Where’s the Beef?’

Investigators could not find any online reviews, any documented employees or any established bank account for the defendant's purported BBQ company.

Jul 14, 2020

Policy

IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: Watchdog

Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights.

Jul 14, 2020

The IRS's Taxpayer Advocate Service says a group of letters the agency sent to taxpayers last year may have violated its own code. (Danny Nelson/CoinDesk)

Markets

Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say

A 51 percent attack on Bitcoin Gold was unsuccessful.

Jul 11, 2020

Markets

BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin

The Romanian programmer pleaded guilty to wire fraud and the offering and sale of unregistered securities.

Jul 9, 2020

Balaci’s testimony indicates that BitClub never ran the lucrative bitcoin mining pools it lured victim investors with. (Shutterstock)

Markets

CFTC Hints at Future Digital Asset Regulatory Framework

The U.S. commodities regulator has a four-year plan for fostering responsible innovations in the crypto asset space.

Jul 9, 2020

Markets

Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud

Texas' securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex "investor club" is a multilevel marketing scam.

Jul 8, 2020

“These quick-to-profits schemes rely on a little bit of smoke and the shine of mirrors,” said Texas Securities Commissioner Travis J. Iles. (Danny Nelson)

Markets

Coinbase Taps Former Facebook Lawyer to Head Legal Team

Coinbase has hired Paul Grewal, former U.S. magistrate judge and Facebook legal alum, to lead the cryptocurrency exchange giant’s legal team.

Jul 8, 2020