Nicely, that did not take lengthy.
If you have not been dwelling underneath a rock, you have probably seen the information in regards to the fall of FTX, one of many largest crypto buying and selling platforms on this planet right this moment. Sam Bankman-Fried, the previous CEO of the corporate, was seen as a god-like determine by the crypto and VC neighborhood on account of his glorious buying and selling abilities.
Nevertheless, the empire that Bankman-Fried constructed crumbled when FTX clients made a run on the financial institution after its competitor, Binance, offered its stake in FTT, the token that was issued by FTX. Through the collapse, extra points got here to mild round how FTX was utilizing its buyer’s cash and issues round theft and fraud by Bankman-Fried.
A movie is on the way in which
Extremely, by this complete course of, Michael Lewis was following together with Bankman-Fried. Lewis, for these of you who should not accustomed to the title, is the author of quite a few large Hollywood movies which might be often primarily based on a real story. A few of the greatest movies which have come from Lewis are Moneyball, The Huge Brief, and The Blind Aspect.
In accordance with accounts, Lewis has been following Bankman-Fried for a minimum of six months, so the creator has probably gotten an inside have a look at a ton of shenanigans happening inside the corporate that many people do not know simply but. Like his different writings, Lewis has been advertising and marketing a script for the story to be changed into a function movie. That is the place Apple has stepped in.
In accordance with a report from Deadline, the corporate is nearing a deal to amass the movie rights for a function movie primarily based on a screenplay from Lewis. If it goes by, the corporate may have crushed out different streamers like Amazon and Netflix. Sources are saying that “they didn’t imagine there was a lot to pitch apart from the topic and the promise of a correct deep dive.”
With Lewis’ observe report and the rumor that The Huge Brief’s Adam McKay could be interested by directing, there are definitely the beginnings of an important movie right here. It is simply loopy that we’re already speaking a few movie whereas the collapse and fallout are nonetheless taking place.
