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After the FTX collapse, the story seems like it came from a financial thriller based on fiction and fictitious characters. However, the story and the people behind it are very real, and today’s streaming giants such as Amazon, Apple and Netflix are vying for the rights to tell the FTX story.
Numerous reports have indicated that novelist and financial journalist Michael Lewis is working on a book about the FTX saga. It has been said that Lewis spent several months with former FTX CEO Sam Bankman-Fried (SBF) before the stock market collapsed.
According to the Hollywood Reporter, “multiple projects [are] in work on the rise and fall of the crypto exchange.” Lewis is also known for creating financial thrillers as he wrote the popular stories “Moneyball”, “The Big Short” and “Flash Boys”.
The Hollywood Reporter’s Mia Galuppo says that Apple may win the rights to Lewis’ story about FTX, 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. Tech 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 famous Marvel filmmakers. The Russos talked about the upcoming TV movie series and said that the story involves a lot of everything.
“This is one of the most brazen scams ever perpetrated. It crosses many sectors – celebrity, politics, academia, technology, crime, sex, drugs and the future of modern finance,” the Russos 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 fighting to release documentaries about the FTX saga? Let us know what you think about this topic in the comments section below.
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