Michael Lewis is wrong about the "profitability" of FTX US and FTX Trading

It is kind of hard to understand why the expert financial shenanigans guy on the inside did not look at the audited financial statements Bankman-Fried touted to everyone else.

So much has already been said about the Michael Lewis book about FTX and SBF that I won’t repeat it here. Suffice to say that most financial journalists are incredulous that Lewis is giving Sam Bankman-Fried the benefit of the doubt.

I wrote about it on LinkedIn when I found out Lewis was punching down on Zeke Faux about his criticism of the book:

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