Depending on how you look at it, this is either a warning about how tiny and interconnected the crypto world is or a warning about hiring journalists.

When CoinDesk broke a major story on Alameda Research’s financial situation, it also injured its own parent business.

That tale served as the catalyst for a chain of events that resulted in FTX declaring bankruptcy.

Due to the size of the lost funds

the story broke beyond the barrier of crypto antics and became a legitimate mainstream news item,

the kind that my landlady questions me about.

CoinDesk’s issue is that part of the funds that are locked in FTX are theirs.