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.

Social

Recent

CoinDesk - Unknown
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
Several regulators, including the Alabama Securities Commission, are looking into whether Genesis may have violated securities laws, according to Barron’s.
CoinDesk - Unknown
CoinDesk - Unknown
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
The purchase makes Brendan Blumer the largest holder of Silvergate Capital.
CoinDesk - Unknown
CoinDesk - Unknown
Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme
The U.S. CFTC had previously taken legal action against the man.
CoinDesk - Unknown
CoinDesk - Unknown
Sam Bankman-Fried Cashed Out $300M in Previous Funding Round: Report
In a previously undisclosed detail, most of the $420 million raised in October 2021 went directly to Bankman-Fried, according to the Wall Street Journal.
CoinDesk - Unknown
CoinDesk - Unknown
California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse.
CoinDesk - Unknown
CoinDesk - Unknown
US Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.
CoinDesk - Unknown
CoinDesk - Unknown
La unidad de préstamos de Genesis detuvo los retiros por el colapso de FTX
La rama, conocida como Genesis Global Capital, atiende a una base de clientes institucionales y, para finales del tercer trimestre del 2022, tenía US$2800 millones en préstamos activos totales.
CoinDesk - Unknown
CoinDesk - Unknown
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
CoinDesk - Unknown
CoinDesk - Unknown
FTX Assets Frozen by Bahamian Regulator
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”
CoinDesk - Unknown
CoinDesk - Unknown
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
The crypto exchange’s transaction revenue fell 44% from the second quarter.
CoinDesk - Unknown