The smoke hasn’t even cleared on the billion dollar FTX cryptocurrency scandal, yet Hollywood is looking to tell the story.
Deadline is reporting Michael Lewis, who spent a year documenting now-disgraced one-time crypto king Sam Bankman-Fried, was working on a book about the figure. Now, there’s already a bidding war afoot to bring it to the big screen.
While cryptocurrency is a dense topic for your average movie audience, Lewis’ book about the dry matter of baseball statistics was shaped into the Oscar-nominated movie Moneyball; his financial scandal book The Big Short inspired the Oscar-winning script for the movie of the same name, and Lewis’ work The Blind Side ended up netting Sandra Bullock a Best Actress Academy Award for its big screen adaptation.
Bankman-Fried’s story stretches from Washington, D.C. to Hollywood to Ukraine; the supposed wunderkind graced the covers of magazines like Forbes, and he became one of the largest Democratic party donors in the world.
What was once the third-largest crypto exchange has all the ingredients for a ripped-from-the-headlines movie: sex, scandal, celebrity, and money. Stars like Tom Brady and Larry David promoted the cryptocurrency, while Bankman-Fried and his friends reportedly lived like rock stars in the Bahamas. Fast-forward to today, and a billion dollars is gone.
The House Financial Services Committee will hold a hearing next month to investigate, with Democrat Rep. Maxine Waters — reportedly one of the recipients of Bankman-Fried’s donations, as were many in DC — saying, “The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds.”
Copyright © 2022, ABC Audio. All rights reserved.
Related Posts
Jonathan Majors’ domestic violence trial begins
November 29, 2023
Majors, Good - Alexi Rosenfeld/Getty ImagesMajors, 34, faces misdemeanor assault and harassment…
Jennifer Lawrence says aging, makeup has sparked baseless plastic surgery rumors
November 29, 2023
Dominik Bindl/WireImageJennifer Lawrence is opening up about aging in the spotlight. The Academy…
Paris Hilton says she cried when she read what Britney Spears wrote about her in new memoir
November 29, 2023
Gallery BooksParis Hilton and Britney Spears were hounded — and some might say vilified — by the…
SAG-AFTRA president Fran Drescher to be honored at Robert F. Kennedy Ripple of Hope Awards
November 29, 2023
Momodu Mansaray/Getty ImagesFresh after securing a new contract for SAG-AFTRA performers following…
Michael Jackson scores third Billion View video; Katy Perry adds her seventh
November 29, 2023
Chris Walter/WireImageDespite making some of the most iconic ones ever, not many of Michael…
Peacock debuts trailer to Seth MacFarlane’s prequel series ‘Ted’
November 29, 2023
PeacockOn Wednesday, Seth MacFarlane personally introduced the trailer to his Peacock prequel…
Adam Sandler’s animated ‘Leo’ sets Netflix record
November 29, 2023
NetflixAdam Sandler's new animated movie Leo is a hit for Netflix, and it managed to break a record…
‘Saturday Night Live’ announces Adam Driver and Kate McKinnon for December shows
November 29, 2023
NBCUniversalOn its official Instagram account, Saturday Night Live has announced that Ferarri's…