Nick Baker

Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.

Nick Baker

Останні від Nick Baker


Думки

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

The "historic" settlement with the DOJ, CFTC and U.S. Treasury many finally allow the firm to come into compliance. But if it does, can the world's largest crypto exchange still grow?

Changpeng Zhao

Політика

Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February

Binance settled charges with the DOJ, agreeing to pay $4.3 billion.

Changpeng Zhao speaking at Consensus 2022. (Shutterstock/CoinDesk)

Політика

Binance, Changpeng 'CZ' Zhao Handing Over Record $1.35B Fine in CFTC Settlement

The company's CFTC penalties, which were paired with an agreement to give back a separate $1.35 billion to wronged customers, are a big piece of the $4.3 billion in total cash going to the U.S. government, including the U.S. DOJ and Treasury.

CFTC Chair Rostin Behnam speaks at a press conference on Nov. 21, 2023. (Jesse Hamilton/CoinDesk)

Політика

Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement

The crypto exchange, which is settling charges with the Department of Justice, will appoint a monitor as well.

U.S. Attorney General Merrick Garland discusses the Binance case on Nov. 21, 2023 (Jesse Hamilton/CoinDesk)

Фінанси

Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says

Charging documents unsealed Tuesday against the crypto exchange and founder Changpeng "CZ" Zhao detail years of compliance failures and obfuscation in the name of protecting Binance's most valuable – and off-limits – users.

Binance CEO Changpeng Zhao (Getty Images)

Політика

Binance to Pay $4.3B to Settle U.S. Criminal Case; Changpeng 'CZ' Zhao Resigns as CEO and Pleads Guilty in Seattle

Richard Teng takes over as CEO of the world's largest crypto exchange.

CZ and Binance Logo (Twitter/Modified by CoinDesk)

Фінанси

Celsius Revamp Plan Hits Speed Bump With SEC: Source

The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.

U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Фінанси

Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto

Fidelity, BlackRock and other financial firms want to list BTC and ETH ETFs, which could make it easier for investors to invest in crypto.

Gary Gensler's SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)

Політика

CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds

A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.

Padlock and chain (Georg Bommeli/ Unsplash)

Політика

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023