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Sam Bankman-Fried spent hours with ‘The Big Short’ writer Michael Lewis while under house arrest.

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Sam Bankman-Fried. Source: Video screenshot, New York Times/YouTube Michael Lewis, author of the bestselling book The Big Short, meets Sam Bankman-Fried, the disgraced founder and former CEO of crypto exchange FTX, at his California home, where he is awaiting trial. The surprise visit, which reportedly lasted “several hours,” convinced many that the famous author may … Read more

Asian forex bears are coming off multi-year highs as short bets on the Thai baht are rising sharply

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BANGKOK, July 15 (Reuters) – Bets on all Asian currencies firmed at fresh multi-year highs, as sky-high inflation dampened sentiment on fears of a slowdown in sharply rising interest rates, a Reuters poll showed. Short positions in the Thai baht, Philippine peso and Singapore dollar were at their highest level since 2018, when the data … Read more