The story of the downfall of FTX and its CEO, Sam Bankman-Fried, is sounding more and more like a movie script. Precisely, the author of the bestseller “The Big Short”, Michael Lewis, spent several months with the ex-billionaire and is working on a book whose end already promises to be “dramatic and surprising”.
A book on the FTX case?
Do you know the story of “The Big Short”, Michael Lewis’ bestseller, whose film adaptation was an exceptional success in 2015? It tells the story of some people having anticipated the great crisis of 2008 by making a huge downside bet, amassing several hundred million dollars.
We learned this information several weeks ago, Michael Lewis just spent the last six months at “traveling with Sam Bankman-Fried and interviewing him”. In any case, this is what reveals a letter from the Creative Artists Agency circulating in Hollywood, shared by media outlet The Ankler:
“His childhood, his early success on Wall Street, his selflessness and the creation of a crypto empire that catapulted him in record time into the ranks of the richest people in the world seemed more than enough for a book by Michael Lewis. […] The events of the past week provided a surprise and dramatic ending to the story. »
In other words, the successful author would hold in his hands one of the most incredible stories of the world of finance. Originally intended to tell the rise of a very young multi-billionaire at the head of a cryptocurrency empire, with a profile as atypical as it is endearing, this book will finally deal with of his huge scam and his descent into hell.
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Apple is positioning itself to buy the rights
Barely announced, and not even written yet, the book by Michael Lewis is already at the heart of numerous negotiations on the Hollywood side. The Deadline media claims that Apple would be very close to buying back the film rights to adapt it into a feature film.
The streaming service’s service giant plans to place an amount “ seven digits », in an effort to prevent Netflix or Amazon from getting ahead of it. Indeed, since the fall of the FTX platform and the mind-blowing revelations about the embezzlement of Sam Bankman-Fried, the case generated a great deal of interest.
For the moment, nothing has been put on paper but Michael Lewis has the necessary content and ingredients to create an explosive cocktail which should make this story even more impactful than it already is. As for the adaptation to the cinema, it will be necessary to wait a few years.
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Source: The Ankler
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Journalist for Cryptoast, I strive to dissect every detail of the exciting world of cryptocurrencies and make it accessible and understandable to as many people as possible.
Lilian Aliaga
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