Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where the owner ordered the removal of a story and fired three top editors.

McSweeney writes, “Yanking a rather inoffensive piece of event journalism at the apparent behest of a major crypto business interest is an affront to all the hard work done over CoinDesk’s 10-year existence.

“I’ve criticized some of CoinDesk’s decisions since my exit, but when the acquisition deal was announced last year, I genuinely hoped that Bullish would be the owner the world’s biggest crypto news platform needs: one respectful of its editorial independence and focused on the task of building, at long last, a sustainable business model through which its news, events, and other products could thrive.