CoinDesk wins Polk Award for Bankman-Fried coverage

The George Polk Award for financial reporting has been awarded to Ian Allison and Tracy Wang of the digital currency news source CoinDesk for stories that brought young Sam Bankman-Fried and his supposed $32 billion crypto currency empire crashing down in just 10 days.

Allison exposed suspicious dealings between two entities Bankman-Fried controlled and Wang portrayed the indulgent lifestyle of those in his inner circle, causing the cyberspace equivalent of a run on the bank and leading to bankruptcy and extensive federal charges of fraud.

The 2022 George Polk Award winners will be honored Friday, April 14 at a luncheon ceremony at the New York Athletic Club.

See all of the winners here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.