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Nikhilesh De

Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. When he's not reporting on digital assets and policy, he can be found admiring Amtrak or building LEGO trains. He owns < $50 in BTC and < $20 in ETH. He was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

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Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Policy
Regulations
All of Sam Bankman-Fried's Proposed Expert Witnesses Should be Barred From Testifying: DOJ
The defense team moved to bar one of the prosecution's proposed witnesses as well.
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
By Nikhilesh De
Aug 29, 2023 at 5:56 a.m. UTC
Aug 29, 2023
RegulationsSBF TrialSam Bankman-FriedDepartment of JusticeFTXFTX Collapse
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
Policy
Regulations
Sam Bankman-Fried's Defense Renews Push for 'Temporary Release' Ahead of October Trial
The FTX founder's bond was revoked earlier this month, after a judge found he had violated his bail conditions on at least two occasions.
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
By Nikhilesh De
Aug 28, 2023 at 3:19 a.m. UTC
Aug 28, 2023
RegulationsSBF TrialSam Bankman-Fried
The new crypto tax proposal from the U.S. Treasury Department has been met with instant objections by some in the industry. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”
The new crypto tax proposal from the U.S. Treasury Department has been met with instant objections by some in the industry. (Jesse Hamilton/CoinDesk)
By Jesse HamiltonNikhilesh De
Aug 25, 2023 at 3:23 p.m. UTC
Aug 25, 2023
RegulationsTaxTreasuryIRSInternal Revenue Servicedecentralized exchanges
The U.S. Treasury Department unveiled its definition of a "broker" for crypto tax reporting purposes in response to a controversial provision in the 2021 Infrastructure Investment and Jobs Act. (Nikhilesh De/CoinDesk)
Policy
Regulations
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.
The U.S. Treasury Department unveiled its definition of a "broker" for crypto tax reporting purposes in response to a controversial provision in the 2021 Infrastructure Investment and Jobs Act. (Nikhilesh De/CoinDesk)
By Jesse HamiltonNikhilesh De
Aug 25, 2023 at 12:45 p.m. UTC
Aug 25, 2023
RegulationsInfrastructure BillIRSU.S. Treasury Departmenttaxesbrokertop news
Tornado Cash co-founder Roman Semenov (Roman Semenov)
Policy
Regulations
Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks
Both Roman Semenov and Roman Storm were charged; Storm was arrested.
Tornado Cash co-founder Roman Semenov (Roman Semenov)
By Nikhilesh De
Aug 23, 2023 at 4:42 p.m. UTC
Aug 23, 2023
RegulationsTornado Cash
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
Policy
Ftx
FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense
Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
By Nikhilesh De
Aug 23, 2023 at 1:32 p.m. UTC
Aug 23, 2023
FTXTrialtop newsSBF TrialSam Bankman-Fried
(iamthedave/Unsplash)
Policy
Regulations
Privacy Mixer Tornado Cash Is an Entity, Judge Says
We have yet another court ruling finding a decentralized autonomous organization is an association.
(iamthedave/Unsplash)
By Nikhilesh De
Aug 22, 2023 at 3:30 p.m. UTC
Aug 22, 2023
RegulationsNewslettersState of CryptoTornado Cash
Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
Policy
Regulations
Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
Bankman-Fried's attorney later deplored Bankman-Fried's lack of vegan options in prison, saying he was "subsisting on a diet of bread and water" during the hearing.
Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
By Nikhilesh DeSam Kessler
Aug 22, 2023 at 1:21 p.m. UTC
Aug 22, 2023
RegulationsSam Bankman-FriedSBF TrialFTXFTX Collapsetop news
Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)
Policy
Regulations
Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial
The FTX founder's lawyers are suggesting Bankman-Fried acted in good faith, with a trial set for October.
Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)
By Nikhilesh DeJack Schickler
Aug 22, 2023 at 1:55 a.m. UTC
Aug 22, 2023
RegulationsSam Bankman-FriedSBF TrialFTXFTX Collapse
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
Policy
Regulations
Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases
The FTX founder will be arraigned on Tuesday. Last week, his attorneys asked that he be allowed to review defense filings at a federal prosecutor’s office every weekday.
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
By Nikhilesh De
Aug 21, 2023 at 8:59 p.m. UTC
Aug 21, 2023
RegulationsSam Bankman-FriedSBF TrialFTX CollapseFTXtop news