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


Finance

Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report

Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

The offices of Bithumb and six other South Korean crypto exchanges were reportedly raided by investigators. (Shutterstock)

Policy

Irish Central Bank Chief Calls for Ban on Crypto Advertising: Bloomberg

Gabriel Makhlouf said crypto has "no social value whatsoever" during a parliamentary session in Ireland on Wednesday.

Central Bank of Ireland, Dublin

Policy

Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors

The bankrupt firm is thinking of forming a new “recovery corporation” after getting a slew of acquisition bids that were not compelling.

Thermometer (Getty Images)

Policy

Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes

Attorneys from all parties at Monday’s First Day hearing lauded “around-the-clock” efforts undertaken to resolve the brokerage’s disputes with its creditors.

(Danny Nelson/CoinDesk)

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Policy

Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter.

FTX CEO John J. Ray III (Nathan Howard/Getty Images)

Policy

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses

The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton, modified by CoinDesk)

Policy

BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter

The money will be distributed to approximately 800 victims from over 40 different countries.

(Relaxfoto.de/Getty Images)

Policy

Detuvieron y acusaron de fraude a dos promotores más del esquema Ponzi con criptomonedas Forcount

Aparentemente uno de los hombres acusados, un ciudadano español de 64 años llamado Néstor Núñez, era un actor a quien le habían pagado para presentarse como el CEO de Forcount bajo el alias de Salvador Molina.

Bandera brasileña flameando sobre el centro y paseo marítimo de Salvador, Brasil. (Getty Images)

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Policy

2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

One of the men charged, 64-year-old Spanish citizen Nestor Nunez, was allegedly an actor paid to present himself as the CEO of Forcount using the alias “Salvador Molina.”

Bandera brasileña flameando sobre el centro y paseo marítimo de Salvador, Brasil. (Getty Images)

Policy

Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS

Gary Harmon, brother of Helix CEO Larry Harmon, stole his brother’s forfeited crypto right out from under the IRS’ nose, and spent it extravagantly.

Gary Harmon awash in a tub full of money. (U.S District Court for the District of Columbia)