Almost two years after the project began to be talked about, Apple And A24 took the first big step towards make a film about the FTX scam and Sam Bankman-Fried. The production companies have already selected a screenwriter who will be in charge of adapting the book. Going Infinite: The Rise and Fall of a New TycoonMichael Lewis, writer Big bet.
Diversity reports that Lena Dunhamcreator and protagonist of the series Girlsfrom HBO, will be responsible for the script based on best-seller Lewis, which was published in October 2023. This book explores the rise of FTX as one of the most important cryptocurrency companies in the world and its subsequent collapse, as well as the emergence of Sam Bankman-Fried as a major figure in the industry and its high-profile fall.
Other FTX movie details are invalid.. So there’s no word yet on who might be directing it, no news on possible actors or predictions about when it might hit theaters. At this time, Apple Original Films and A24 have not made any public announcements about the feature film.
Film about Apple and A24’s FTX scam begins to take shape
Dunham became one of the actresses and writers Hollywood’s Most Prolific throughout the last decade. She has a Golden Globe for Best Actress in a Comedy or Musical Series, a BAFTA Award and several Emmy nominations for her work in films. Girls.
The FTX and Sam Bankman-Fried disaster will be shown in more than just the movies in this production led by Apple and A24. In November 2022, it became known that Amazon ordered a mini-series from the brothers on this case. Anthony and Joe Russoresponsible for Avengers: Infinity War, Avengers: Endgame and of those who will come Avengers: Judgment Day And Avengers: Secret Wars.
Besides, Diversity claims another streaming platform is working on its own adaptation of FTX’s mayhem, with Emmy winner Sam Bankman-Fried in talks to star. However, no further details about this project have been announced.
FTX and Sam Bankman-Fried have enough history for more than one movie. The cryptocurrency platform tested explosive growth between 2019 and 2022. The businessman quickly became one of the most prominent young men in the industry, but outside the spotlight, a story was brewing that will lead to disaster.
Waste and betrayal abound
In late 2022, a journalistic report revealed that the balance sheets of FTX and its investment firm Alameda Research were primarily supported by holdings in FTT, the cryptocurrency’s native token. exchange crypto. This raised doubts about the possibility insolvency problemswhich were confirmed when millions of customers tried to simultaneously redeem their funds and the company collapsed.
Bankman-Fried tried to sell the firm to Binance, its main competitor, but ultimately abandoned the purchase. days later, FTX filed for bankruptcy. It was later discovered that there was a backdoor in the company’s records that allowed Alameda Research extract billions of dollars from their clients invest and finance the luxurious lifestyle of its top managers.
The company’s CEO was arrested, tried and sentenced to 25 years in prison, and key members cooperated with the US justice system to avoid harsh sentences. From this statement of facts it is clear that there is a lot of material so the FTX movie is exciting. We will be attentive to new news that will become known in the coming months.
Source: Hiper Textual
