Matt Levine's newsletter is kind of a comedy version of comp.risks; financial industry failures, presented entertainingly. But he did manage to get SBF to openly admit on his podcast that he was running a Ponzi:
I think of myself as like a fairly cynical person. And that was so much more cynical than how I would’ve described farming. You’re just like, well, I’m in the Ponzi business and it’s pretty good."
https://www.ft.com/content/eac0e56c-f30b-4591-b603-f971e60dc...
"Levine:
I think of myself as like a fairly cynical person. And that was so much more cynical than how I would’ve described farming. You’re just like, well, I’m in the Ponzi business and it’s pretty good."
Dateline April 25.