Elizabeth Napolitano

Elizabeth Napolitano was a data journalist at CoinDesk, where she reported on topics such as decentralized finance, centralized cryptocurrency exchanges, altcoins, and Web3. She has covered technology and business for NBC News and CBS News. In 2022, she received an ACP national award for breaking news reporting.

Elizabeth Napolitano

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Finance

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say

Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

(Raj Rana/Unsplash)

Policy

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner

The filing comes around the same time the firm requested permission to offer a bitcoin-futures ETF.

Graph superimposed over a markets monitor

Finance

Razzlekhan’s Husband Admits to Being Hacker in Infamous 2016 Bitfinex Attack: CNBC

Ilya Lichtenstein was arrested alongside his wife Heather Morgan last year on money-laundering charges tied to the proceeds from the exploit.

Ilya Lichtenstein, who pleaded guilty with wife Heather Morgan in the plundering of Bitfinex, is now testifying against the mixer he used. (Alexandria Sheriff's Office)

Tech

Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows

At times, Twitter bots accounted for roughly half of all "chatter" on the platform involving five FTX-listed altcoins.

FTX EU will allow customers to withdraw funds that have been locked on the platform. (CraigRJD/Getty Images)

Finance

Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor

The price of bitcoin (BTC) and Binance's BNB token immediately fell following the report.

Binance CEO Changpeng "CZ" Zhao (Getty Images)

Policy

U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches

Companies are poised to begin reporting cybersecurity incidents and strategies to the SEC later this year.

cybersecurity law 2

Policy

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.

House Financial Services Committee Chair Patrick McHenry (left) and Ranking Member Maxine Waters (Alex Wong/Getty Images)

Markets

Crypto Robo-Advisor Hedgehog Partners With CoinDesk Indices on Automated Investing Services

The SEC-registered robo-adviser will offer several crypto sector investment solutions, in addition an offering that follows all of the sectors tracked by CDI.

(George Chernilevsky/Wikimedia Commons)

Policy

Judge in FTX Case Mulls Gag Order on Contact with Media

Sam Bankman-Fried allegedly leaked private writings from his alleged co-conspirator to “influence public opinion” ahead of his trial this fall.

(Elizabeth Napolitano / CoinDesk)

Policy

'Razzlekhan,' Husband Agree to Plea Deal in Bitfinex Hack Laundering Case Worth Billions

The pair were ordered to forfeit the proceeds from nearly 120,000 bitcoins they allegedly laundered from the hacked crypto exchange.

Heather "Razzlekhan" Morgan, from her video "Rap Anthem for Misfits & Weirdos: Versace Bedouin Music Video (2019)" (Razzlekhan on YouTube)