Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Policy

Swan Bitcoin Claims Ex-Employees 'Stole' Its Mining Business at Tether’s Direction

In a new lawsuit, Swan is looking for financial compensation and legal protections against its former employees.

Swan Bitcoin unveils BTC mining unit as parent company prepares to go public. (Swan Bitcoin)

Markets

MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin

The T-REX 2X Long MSTR Daily Target ETF (MSTU) took in $72 million in the first week of trading, according to data by Bloomberg Intelligence.

MSTR vs BTCUSD( TradingView)

Policy

Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown's Foe

Crypto-fan candidate Bernie Moreno has caught up in Ohio polls as the industry's cash outpaces other PACs in one of the key U.S. Senate races that may decide the majority.

Sen. Sherrod Brown, the chairman of the Senate Banking Committee who has so far spurned crypto legislation, faces on onslaught of $40 million in crypto cash backing his Ohio election opponent. (Tierney L. Cross/Getty Images)

Policy

Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders

If convicted of all three charges, Storm faces up to 45 years in prison.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

Policy

NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says

NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.

New York Department of Financial Services Superintendent Adrienne Harris (Nik De/CoinDesk)

Policy

Former Government Employees, Compliance Officers Rally for Detained Binance Executive

Tigran Gambaryan has been detained in Nigeria since February.

A group of former prosecutors and government employees rallied in front of the United Nations in support of Tigran Gambaryan, who's been detained in Nigeria since February. (Nikhilesh De/CoinDesk)

Policy

Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

Ellison will also have to forfeit about $11 billion dollars, a federal judge ruled Tuesday.

Caroline Ellison exits a Manhattan courthouse after being sentenced to two years in prison on Sept. 24, 2024. (Victor Chen/CoinDesk)

Policy

What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing

Caroline Ellison is the third FTX executive to be sentenced.

Ex-Alameda CEO Caroline Ellison at the federal courthouse in Manhattan (Danny Nelson/CoinDesk)

Policy

Candidate Harris Unlikely to Make Full-Throated Crypto Policy Before Election: Source

Senior campaign officials are meeting with a select group of crypto insiders to hash out policy concerns, but those in the discussions aren't expecting a big splash before the vote.

Vice President Kamala Harris has started talking about crypto on the presidential campaign trail, but it may not go much deeper. (Joe Raedle/Getty Images)

Finance

Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge

The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.

Polymarket CEO Shayne Coplan (Polymarket)