Sam Reynolds

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Sam Reynolds

Latest from Sam Reynolds


Markets

Binance.US Suspends Use of Fiat as Legal Troubles Mount

The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company.

(Danny Nelson/CoinDesk)

Markets

First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.

Bitcoin weekly chart (CoinDesk Indices)

Policy

Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says

SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Policy

Binance Says Gensler Once Offered to Be an 'Informal Advisor'

A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.

Gary Gensler (Third Way/Flickr)

Markets

Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling

The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.

Ark Invest's Cathie Woods (Danny Nelson/CoinDesk)

Policy

U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition Within a Week

A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t.

Paul Grewal, Chief Legal Officer, Coinbase (CoinDesk)

Markets

First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Consensus Magazine

If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees

Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

A Consensus 2023 panel discussion. (Shutterstock/CoinDesk)

Markets

Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.

(Danny Nelson/CoinDesk)

Markets

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.

Bitcoin daily chart (CoinDesk)