PANews reported on December 19 that, according to Fortune, Sun Yuchen's team pressured its new parent company Bullish to remove related articles due to dissatisfaction with CoinDesk's reporting. The article detailed Sun Yuchen's purchase of a banana art piece for $6.2 million and its consumption, while also mentioning his legal disputes with the U.S. Securities and Exchange Commission and controversies surrounding the Tron blockchain. After the article was removed, CoinDesk's editorial team expressed concerns about its independence.
Bullish acquired CoinDesk for $75 million last year and committed to operating it as an independent subsidiary. However, this event has intensified tensions between the media and its parent company. CoinDesk's editorial board chair, Matt Murray, has resigned, and Bullish has not commented on the incident.