💬 Quoted… “[SBF] thought there was a 5% chance he would become president some day."

Caroline Ellison, the SEC’s star witness in its ongoing fraud trial against FTX founder Sam Bankman-Fried, wrapped up her third day of testimony yesterday. On the stand she said her former boss/boyfriend directed her to commit crimes, which included stealing billions of dollars from the crypto exchange’s customers.

• Some other takeaways from her testimony: SBF viewed his low-effort appearance and hairstyle as "very valuable" in cultivating his image as an eccentric founder, his ambitions once rose as high as the Oval Office, and he was very preoccupied with FTX’s rivalry with Binance.

🌓🌒🌑⚡ Stat of the Day: One-third of all US solar power plants will briefly experience less than 50% Sun coverage on Saturday morning due to the upcoming Ring of Fire solar eclipse, which is projected to eliminate as much as 28,300 gigawatts of solar energy generation (enough to power 28.3 billion LED light bulbs).

🤔 Did You Know?... In 2021, the US Navy sold two obsolete aircraft carriers to scrap dealers for one penny apiece, due to the expenses associated with dismantling and recycling the ships.

📰 Worth a Read: The big business of bachelorette party buses → (The Hustle)