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CoinDesk to be sold by teatree

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· @teatree ·
$0.38
CoinDesk to be sold
CoinDesk, which broke the story of FTX's problems, is to be sold. It's part of Digital Currency Group, which owns Genesis, the lending platform which lent money to Alameda/FTX and has lost the lot, putting DCG in trouble.

As a result DCG is having a firesale of assets, including CoinDesk:

https://www.semafor.com/article/11/29/2022/online-news-site-coindesk-attracts-suitors-amid-crypto-crash

>One of the approaches suggested a $300 million purchase price but it was considered too low, some of the people said. CoinDesk was making about $50 million in annual revenue from a mix of traditional online advertising and its popular Consensus conference.

Hopefully CoinDesk finds a new owner and the journalists keep their jobs.

It would be too awful if they were rewarded for such an important scoop with losing their jobs. Ifthat happened, would anyone in the crypto space risk breaking news about problems again?
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