Sam Reynolds

Sam Reynolds is a senior reporter based in Taipei. 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.

Recent

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

Markets

Ftx

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 comp...

By Sam Reynolds

Nov 15, 2022 at 3:55 p.m. UTC

Nov 15, 2022

FTXTrump

Markets

First mover

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.

By Sam Reynolds James Rubin

Nov 15, 2022 at 1:30 a.m. UTC

Nov 15, 2022

First MoverAsia PacificBitcoinEtherAltcoinsFTX

Finance

Crypto.com

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.

By Sam Reynolds

Nov 14, 2022 at 9:06 a.m. UTC

Nov 14, 2022

Crypto.comKris MarszalekFTXCronos

Finance

Binance

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.

By Sam Reynolds Jack Schickler

Nov 14, 2022 at 7:16 a.m. UTC

Nov 14, 2022

BinanceBNBTronJustin SunHuobi

Finance

Tokensoft

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.

By Sam Reynolds

Nov 14, 2022 at 6:42 a.m. UTC

Nov 14, 2022

TokenSoft

Markets

First mover

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.

By Bradley Keoun Sam Reynolds James Rubin

Nov 14, 2022 at 1:17 a.m. UTC

Nov 14, 2022

First MoverAsia PacificBitcoinEtherAltcoins

FTX bought the naming rights to the Miami Heat arena in March 2021. (Megan Briggs/Getty Images)

Finance

Ftx

FTX Owes Miami $16.5M For Arena Sponsorship Cancellation

The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default.

By Sam Reynolds

Nov 12, 2022 at 6:07 a.m. UTC

Nov 12, 2022

FTXSam Bankman-Fried

Finance

Regulations

'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M

FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.

By Cheyenne Ligon Sam Reynolds Sam Kessler Nikhilesh De Reilly Decker

Nov 12, 2022 at 4:20 a.m. UTC

Nov 12, 2022

RegulationsFTXFTX USSam Bankman-FriedHack

Policy

Ftx

FTX's Regional Crypto Exchanges Slowly Reopen Withdrawals

The exchange's Japan and Turkey subsidiaries are slowly allowing customers to withdraw small amounts to their bank accounts.

By Sheldon Reback Shaurya Malwa Sam Reynolds

Nov 11, 2022 at 7:21 a.m. UTC

Nov 11, 2022

FTXTrading

Former FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Markets

First mover

First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K

Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.

By Sam Reynolds James Rubin

Nov 11, 2022 at 4:09 a.m. UTC

Nov 11, 2022

First MoverAsia PacificBitcoinEtherAltcoinsFTX