CoinDesk Wins Top Journalism Award for Exposing Collapse of Sam Bankman-Fried's Crypto Empire
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CoinDesk journalists won top journalism award for exposing shaky foundations of Sam Bankman-Fried's crypto empire and documenting its collapse.
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Ian Allison's Nov. 2 scoop raised questions about stability of Bankman-Fried's trading firm Alameda Research and affiliated exchange FTX.
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Allison obtained and revealed Alameda's heavy exposure to FTX's native token FTT, prompting crisis of confidence.
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Stories also revealed unusual living arrangements and dating among Bankman-Fried's inner circle.
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Award honors excellence in reporting that informs and protects investors and the public.