Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Opinion

Stop Chasing DeFi Yields and Start Doing the Math

The DeFi industry has trained everyone to optimize for headline APY numbers while burying the costs that determine your returns, argues Blueprint Finance CEO Nic Roberts-Huntley

Piggy banks (Unsplash/Insung Yoon/Modified by CoinDesk)

Policy

Samourai Wallet Developer Sentenced to 5 Years in Prison for Unlicensed Money Transmitting

District Judge Denise Cote sentenced Keonne Rodriguez to the statutory maximum. Fellow developer William Lonergan Hill will be sentenced later this month.

Samourai Wallet website (

Opinion

Ethereum Is Like a Shark. If It Stops Moving, It Will Die

Though Ethereum is still the preferred platform among institutions for asset tokenization, DeFi apps and stablecoin creation, it faces threats that will erode its edge if it doesn't move to meet the market, argues Axelar co-founder and CEO Sergey Gorbunov.

Shark (Unsplash/Gerald Schombs/Modified by CoinDesk)

Tech

Monad Foundation Sets Nov. 24 Airdrop Date for Users

This comes after the Foundation opened its airdrop claim portal on October 14, inviting users to verify their eligibility.

Hot-air balloons in the sky. (Ian Dooley/Unsplash)

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Markets

BONK Climbs 2.8% as Price Consolidates Above $0.000012 Support

BONK gains 2.84% to $0.00001215 as volume surges 134% above average, maintaining upward momentum within defined technical boundaries.

BONK-USD, Nov. 5 (CoinDesk)

Finance

Crypto’s Anti-Surveillance Boom: Zcash, Monero and the Return of Anonymity

Privacy coins are outperforming as traders turn away from ETFs and transparent ledgers, reviving crypto’s oldest idea: digital cash that can move freely, without surveillance.

A cloaked figures moves down a shadowed alley (Nghia Do Thanh/Unsplash)

Markets

Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA

The bank kept its hold rating on the stock and trimmed its price target to $16 from $19.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Opinion

Britain’s Digital ID Push Is Premature and Dangerous

The UK government is moving quickly toward a centralized digital ID system without the technological or legal safeguards to protect against authoritarianism or cybercrime.

Surveillance camera (Tobias Tullius/Unsplash/Modified by CoinDesk)

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Markets

Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate

The correction could have more room to run, with ETH potentially falling to as low as $2,700-$2,800, 10x Research's Markus Thielen warned.

Ether (ETH) price (CoinDesk)

Policy

Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial

The former FTX CEO, who is currently serving a 25-year sentence for fraud, has repeatedly claimed that the crypto exchange was solvent at the time of its bankruptcy.

Sam Bankman-Fried outside court on Feb. 9, 2023 (Liz Napolitano/CoinDesk)