CoinDesk owner fires 3 editors after Justin Sun article controversy

Bullish, the parent company of crypto news outlet CoinDesk, dismissed three top editors on Friday, citing restructuring and cost-cutting measures.

The firings, however, followed internal controversy over the removal of an article critical of Tron founder Justin Sun, raising concerns about the publications editorial independence.

Kevin Reynolds, CoinDesks editor-in-chief, along with deputy editors Marc Hochstein and Nick Baker, were informed of their termination via email.

This news comes as a result of Leo Schwartzs reporting at .

Bullish complied with Suns demands

The turmoil began in November when CoinDesk published an article about Sun‘s purchase and consumption of a $6.2 million banana art piece. The story highlighted the stunt’s absurdity while also touching on Suns legal issues, including fraud charges from with the SEC.

Sources told that Sun‘s team demanded the article’s removal, deeming its tone inappropriate.

Bullish, which acquired CoinDesk for $75 million in 2023, complied, pulling the piece without issuing a retraction notice. This decision led to the resignation of Matt Murray, a former Wall Street Journal editor, who chaired CoinDesks editorial committee.

In an email to staff, CoinDesk CEO Sara Stratoberdha defended the layoffs as a step to boost productivity and reaffirmed the companys commitment to journalistic integrity.

However, according to Schwartz, newsroom insiders remain skeptical, with some considering resigning.

CoinDesk owners Bullish fired the publications three top editors, including EIC Kevin Reynolds, this morning following newsroom controversy over the removal of an article about billionaire Justin

Critics within the newsroom suggested the removal was influenced by Tron‘s sponsorship of CoinDesk’s flagship conference, Consensus, which is expanding to Hong Kong.

Staff members called for transparency, arguing the incident undermines Bullishs promises to protect editorial independence.