CoinDesk, one of the more prominent crypto and blockchain news websites, has publicly retracted an article, and faced accusations of poor journalistic practices over the retraction of another.
The retracted August 23 article relates to TRON founder Justin Sun. According to the Friday post explaining the reversal, the publication rarely issues retractions, preferring to correct any inaccuracies quietly and address issues internally. However, it decided it had no choice but to retract an opinion piece that personally criticized Justin Sun, founder and CEO of TRON.
Article Used a Pseudonym
The original article, still available via the Wayback Machine, was heavily critical of Sun, comparing him to disgraced crypto entrepreneurs Do Kwon and Sam Bankman-Fried. If Sun’s empire were to collapse, it could “cause carnage far beyond anything either of them could even imagine,” wrote the author.
In its retraction, CoinDesk explained that it occasionally allows unnamed sources and occasional pseudonymous articles. Although, it draws the line at personal attacks running behind fake names.
CoinDesk claims to respect privacy but believe public figures have a right to know their accusers. The nature of the Sun article meant it could not simply be corrected. So CoinDesk retracted it entirely. It explained:
“Any person, whether they are the CEO of a large blockchain or someone unknown to the public eye, deserves to know who is assailing their character in a public-facing outlet such as CoinDesk. Given that the very nature of the piece violates that standard – allowing us no way to merely correct the story and be done with it – we are removing the story in its entirety.”

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Author: Josh Adams