FTX Sam Bankman-Fried film Michael Lewis public sale – Deadline

The bidding for movie and TV rights is shaping as much as be wild and wooly on an unwritten guide concerning the beautiful collapse of FTX cryptocurrency trade titan Sam Bankman-Fried.

Lewis, the grasp of channeling difficult monetary and statistical data-based tales into hit movies — The Massive Brief, The Blind Facet and Moneyball to call three — spent half a 12 months with the nerdy Bankman-Fried when he was flying excessive and shopping for stadium naming rights, donating to Democratic candidates and hobnobbing with celebs he employed to endorse his wares like Larry David, Tom Brady, Giselle Bundchen and Steph Curry (they’re now being sued). Now, Bankman-Fried is sitting within the Bahamas questioning what went fallacious after his service and hedge fund went stomach up, with a lotta cash reportedly lacking and regulators poised to analyze and plenty of traders dropping fortunes. Bankman-Fried, value was pegged only in the near past as excessive as $26 billion in paper holdings, seems to be flat broke.

Hollywood desires in after Lewis’ reps at CAA put it on the market that Lewis supposed to dedicate his time to the topic and make it his subsequent guide. Right here’s what Dish hears: Amazon Studios is circling, as is David Heyman with author Wells Tower and directed David Yates (they teamed on the upcoming Netflix Ache Hustlers), and Netflix mentioned to be circling on behalf of The Social Community director David Fincher, and Sugar23 for Josh Gad. There are others anticipated to be within the combine when bidding commences shortly. Individually, Scott Burns and Jonathan Glickman’s Panoramic are circling a possible venture with New York Timesman Andrew Ross Sorkin, who has carefully coated the FTX debacle.

We’ve seen a spate of TV initiatives on tech chaos together with The Dropout, by which Amanda Seyfried received the Emmy for her portrayal of Theranos founder Elizabeth Holmes, the WeWorks saga WeCrashed with Jared Leto, and Tremendous Pumped: The Battle for Uber with Joseph Gordon-Levitt. Individually, Sony is in manufacturing on the Gamestop inventory rise saga Dumb Cash, with I, Tonya helmer Craig Gillespie. It actually appears to be like like FTX might be subsequent, though the collapse simply occurred and it’ll presumably take time to type the mess. Keep tuned.