After the collapse of FTX, the story seems as if it came from a financial thriller based on fiction and invented characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple and Netflix are competing to get the rights to tell the FTX story.
“Multiple” Movie Adaptations of the Rise and Fall of FTX Are Coming
Many reports have indicated that the novelist and financial journalist, Michael Lewis, is working on a book about the FTX saga. Lewis was said to have spent several months with former FTX CEO Sam Bankman-Fried (SBF) before the exchange collapsed.
According to to the Hollywood Reporter, “multiple projects [are] in the works about the rise and fall of the cryptocurrency exchange.” Lewis is also known for creating financial thrillers as he wrote the popular stories “Moneyball”, “The Big Short” and “Flash Boys”.
Mia Galuppo of The Hollywood Reporter details that Apple may win the rights to Lewis’ FTX story, as Galuppo reports that “sources peg the deal with Apple in the mid-seven-figure range.”
Galuppo also says that filmmaker Graham Moore is working on an adaptation of the FTX story and the film studio XTR is already in the Bahamas filming a non-fiction documentary about FTX and SBF. The technical publication The Information also revealed that Vice Media is working on a documentary about the FTX fiasco.
Techcrunch reporter Ivan Mehta explained on November 24 that Amazon is working on a TV series with the Russo Brothers, who are well-known Marvel filmmakers. The Russos talked about the upcoming TV movie series and said the story involves a little bit of everything.
“This is one of the most shameless frauds ever committed. It crosses many sectors – celebrity, politics, academia, technology, crime, sex, drugs, and the future of modern finance,” the Russians told Techcrunch. “At the center of it all sits an extremely mysterious figure with complex and potentially dangerous motivations. We want to understand why.”
What do you think about Hollywood and streaming giants competing to release documentaries on the FTX saga? Let us know what you think about this topic in the comments section below.
Image Credits: Shutterstock, Pixabay, WikiCommons
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