Happy hump day to the smartest corner of the web. I'm Phil Rosen, writing to you from Los Angeles. 

This morning I'm thinking about just how wild, deep, and strange the FTX drama has become. 

More details are sure to emerge, but there's already enough fodder for a spectacular thriller novel on par with "The Big Short." In fact, Michael Lewis is already working on a book.

Today, I'm breaking down the latest and weirdest developments surrounding Sam Bankman-Fried and company — and also...

Continue Reading Sam Bankman-Fried's FTX saga keeps getting weirder as new details shed further light on how much his company's finances overlapped.