Nelson Wang

Nelson Wang

Nelson is CoinDesk’s U.S. News Editor for the East Coast. He previously served as the technology stocks editor and consumer stocks editor at TheStreet, and prior to that was the business and personal finance editor for Yahoo.com. He has also held editing positions at Condé Nast Portfolio’s website and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

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Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report
The exchange has been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals.
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US Senators Press Crypto Bank Silvergate on Ties to FTX: Bloomberg
The lawmakers said in a letter that Silvergate’s previous responses to queries were “evasive and incomplete.”
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CoinDesk - Unknown
Judge Rules Identities of 2 Parties Who Backed Sam Bankman-Fried’s $250M Bond Can Be Revealed
A number of media companies filed to get the court to release the names of the people who co-signed Bankman-Fried’s $250 million bail bond.
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CoinDesk - Unknown
Moody’s Developing Scoring System for Stablecoins: Bloomberg
The move comes as the quality of stablecoin reserves continues to receive scrutiny.
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CoinDesk - Unknown
Tesla Did Not Buy or Sell Any Bitcoin in the Fourth Quarter
The company reported $34 million in impairment charges to its bitcoin holdings, however.
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CoinDesk - Unknown
Crypto Exchange Gemini Cutting Another 10% of Staff: Report
Gemini has been swept up in the problems of crypto lender Genesis Global Capital, with which it partnered on an interest-earning product.
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CoinDesk - Unknown
New FTX Head Says Crypto Exchange Could Be Revived: Wall Street Journal
John J. Ray III made the comment in his first interview since taking over FTX in November.
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CoinDesk - Unknown
Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
The collapse of FTX in late 2022 may have been the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.
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CoinDesk - Unknown
Justice Department Announces Major International Crypto Enforcement Action
The department held a press conference at noon Eastern time on Wednesday.
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CoinDesk - Unknown
FTX Debtors Give Details on Digital Assets Identified So Far
The FTX Debtors group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US.
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