🌶️ Spicy… In his new book covering the rise and fall of Sam Bankman-Fried, Michael Lewis (“The Big Short,” “Flash Boys”) says the former crypto billionaire considered paying Donald Trump $5B not to run for president next year.
⚖️ Judgy… Su Zhu, a cofounder of Three Arrows Capital, was arrested in Singapore after refusing to cooperate with an investigation into 3AC, news reports said. The crypto hedge fund lost billions when TerraUSD blew up last year.
🤔 Sus… Before FTX went bankrupt, several of its US employees reportedly discovered code that allowed sister trading firm Alameda to rack up a negative balance on the exchange. After the FTX employees’ boss was said to have flagged the code, the boss was fired.
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