Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga

Must read

CryptoSlate Wrapped Daily: Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama

CryptoSlate Wrapped Daily: Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama Liam 'Akiba' Wright · 9 hours ago...

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets Soumen Datta · 10 hours ago · 1...

US DOJ charges former CTO of blockchain company for fraud scheme

US DOJ charges former CTO of blockchain company for fraud scheme Christian Nwobodo · 11 hours ago · 1 min...

ECB’s Fabio Panetta says crypto needs regulation to maintain stability

ECB’s Fabio Panetta says crypto needs regulation to maintain stability Christian Nwobodo · 12 hours ago · 2 min read...

Hollywood, Streaming Giants Scramble for Movie Rights to the FTX Saga

After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale.

‘Multiple’ Film Adaptations of the Rise and Fall of FTX Are Coming

Numerous reports have shown that the novelist and financial journalist, Michael Lewis, is working on a book about the FTX saga. It’s been said Lewis spent a number of months with the former FTX CEO Sam Bankman-Fried (SBF) before the exchange collapsed.

According to the Hollywood Reporter, “multiple projects [are] in the works about the rise and fall of the crypto exchange.” Lewis is also well known for crafting financial thrillers as he authored the popular stories “Moneyball,” “The Big Short,” and “Flash Boys.”

The Hollywood Reporter’s Mia Galuppo details that Apple may win the rights to Lewis’s story about FTX as Galuppo reports “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 nonfiction documentary about FTX and SBF. The tech publication The Information also revealed that Vice Media is working on a documentary about the FTX fiasco.

Techcrunch reporter Ivan Mehta explained on Nov. 24 that Amazon is working on a television series with the Russo Brothers, who are well known Marvel filmmakers. The Russos spoke about the upcoming television film series and said the story involves quite a bit of everything.

“This is one of the most brazen frauds ever committed. It crosses many sectors — celebrity, politics, academia, tech, criminality, 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 vying to release documentaries about the FTX saga? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More articles

Latest article

CryptoSlate Wrapped Daily: Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama

CryptoSlate Wrapped Daily: Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama Liam 'Akiba' Wright · 9 hours ago...

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets Soumen Datta · 10 hours ago · 1...

US DOJ charges former CTO of blockchain company for fraud scheme

US DOJ charges former CTO of blockchain company for fraud scheme Christian Nwobodo · 11 hours ago · 1 min...

ECB’s Fabio Panetta says crypto needs regulation to maintain stability

ECB’s Fabio Panetta says crypto needs regulation to maintain stability Christian Nwobodo · 12 hours ago · 2 min read...

Research: Bitcoin held by miners sinks to 1 year lows; Poolin culpable

Bitcoin miners are facing a challenging time due to ongoing price uncertainty and global energy shortages.In addition, macro factors have conspired to raise the...