Author: Turner Wright
Apple Studios and A24 are reportedly planning to adapt Michael Lewis’ ebook on the rise and fall of the previous FTX CEO right into a characteristic movie. Sam “SBF” Bankman-Fried should be 25 years in jail, however manufacturing firms are reportedly growing a movie primarily based on the previous FTX CEO’s rise and fall from grace.In line with a Nov. 12 Selection report, Apple Studios and A24 are co-developing and co-producing a characteristic movie about Bankman-Fried primarily based on Michael Lewis’ ebook Going Infinite: The Rise and Fall of a New Tycoon. Lewis launched the ebook in October 2023, on…
On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the corporate’s reins over to John Ray, who instantly filed for Chapter 11 chapter safety in the US. The day marked the start of the tip of what was as soon as one of many world’s most outstanding and influential cryptocurrency exchanges. US authorities charged Bankman-Fried and 4 of his associates with fraud. FTX customers and collectors noticed billions of {dollars} price of funds locked out of their attain in an alternate they weren’t certain would ever be capable of repay them. Ray reported that the agency represented an “utter failure…