Apple Seeks Film Rights to Bankman-Fried Story: Report

Apple is reportedly in talks with The Big Short author Michael Lewis for rights to his forthcoming book on FTX

article-image

Michael Lewis; Source: Shutterstock

share

The past month has been a rollercoaster ride in the crypto world, and one which may be coming to a theater or streaming service near you next.

Apple is in talks with author and financial journalist, Michael Lewis, to acquire his as-yet-unpublished book about FTX founder Sam Bankman-Fried. 

Lewis is the author behind The Big Short, Moneyball and The Blind Side, and had been embedded with Bankman-Fried for the past six months before the dramatic collapse of FTX.

The tech giant is “near to a deal” with Lewis, according to Deadline, which first reported the news, citing unnamed sources.

Previously a crypto celebrity whose net worth was estimated to be around $36 billion, Bankman-Fried was chummy with regulators in Washington D.C and often made appearances at keynote events.

At the time, it seemed impossible that the self proclaimed philanthropist and altruist would actually be using FTX customer funds in shady deals.

In fact, the inner works of FTX were so bad, that its new CEO John Jay Ray III, who oversaw restructuring efforts at historic corporate failures such as Enron, said in its bankruptcy filing that he had never in his career seen “such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.”

Lewis’s book will attempt to cover the details behind FTX’s closed curtain, and the contagion its downfall wrought on the entire crypto industry.

Even before Apple scored the rights to Lewis’s book, crypto Twitter was awash with armchair casting agents.

Loading Tweet..
Loading Tweet..

Mainstream coverage of Bankman-Fried’s epic failure has been oddly fawning. Let’s hope Lewis and whoever makes a movie on the subject can bring this dramatic story to the world with alacrity.


Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.


Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief.


Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on Google News.


Tags

upcoming event

MON - WED, MARCH 18 - 20, 2024

Digital Asset Summit (DAS) is returning March 2024. This year’s event will be held in our nation’s capital, where industry leaders, policymakers, and institutional experts will come together to discuss the latest developments and challenges in the ever-evolving world of cryptocurrency. […]

upcoming event

MON - WED, SEPT. 11 - 13, 2023

2022 was a meme.Skeptics danced, believers believed.Eventually, newcomers turned away, drained of liquidity and hope.Now, the tide is shifting and it’s time to rebuild. Permissionless II is the brainchild of Blockworks and Bankless. It’s not just a conference, but a call […]

recent research

Cosmos Hub: ATOM Economic Zone

Research

Replicated Security, the Hub’s Validation-as-a-Service offering that went live in March, is the first step in bringing value accrual to ATOM stakers.

/

article-image

Bitcoin price predictions are meaningless, so let’s expend our prediction energy on something that actually matters

article-image

A new complaint against Elon Musk and Tesla alleges that Musk manipulated both bitcoin and dogecoin

article-image

Kenya’s central bank doesn’t seem enamored by the idea of a CBDC but hasn’t slammed the door shut yet

article-image

Both Ethereum and Solana have enjoyed vibrant DeFi environments, but this has not yet been the case for Cosmos

article-image

As Japan takes important step forward on stablecoins, industry participants say, proposed US laws around such crypto assets remain in flux

article-image

Stablecoins offer global financial access and on-chain transactions without limitations, while FedNow falls short in terms of utility, global reach and inclusivity