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


Finance

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

Sino Global Capital founder Matthew Graham. (CoinDesk TV)

Markets

First Mover Asia: Bitcoin Won't Budge; Cryptos Ignore the FTX Chaos for Another Day

Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTX parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing.

Bitcoin traded sideways for another day amid the latest fallout from FTX's collapse. (Getty Images)

Finance

Temasek Says Its FTX Investment Is Now Worth Zero

The Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange.

Singapore's skyline (Unsplash)

Markets

First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle

The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.

The FTX collapse may alter Hong Kong regulators approach to retail crypto trading. (Yiu Yu Hoi/Getty Images)

Markets

Analysis: FTX’s TRUMPLOSE Token Isn’t Proof of an FTX-Democrat-Ukraine Conspiracy

TRUMPLOSE was part of FTX’s prediction market, where degens made big bucks betting on — or against — Trump or Biden during the 2020 election. Curiously, it’s still on the company balance sheet.

The TRUMPLOSE/FTX conspiracy theory (Creative Commons, modified by CoinDesk)

Markets

First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue

ALSO: Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion.

Arrow Up (Unsplash)

Finance

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal

In a live question session, Kris Marszalek said the company’s balance sheet is strong.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Finance

Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis

Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Finance

Crypto Token Launch Platform Tokensoft Doxes 4500 Users, Calling Them ‘Bad Actors’

A Tokensoft community manager published an excel sheet of "bad actors" on Discord with their personal details.

(PK Studio/Shutterstock)

Markets

First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?

ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.

The fear is suddenly back to extreme levels in crypto markets. (John Ward McClellan via National Gallery of Art, modified by CoinDesk)