Deadline reports that Apple is near to a deal for the book rights to Michael Lewis’ fortuitously timed story about fallen crypto king Sam Bankman-Fried and his FTX empire.
Peter White and Mike Fleming Jr. for Deadline:
When the deal closes at what sources peg at mid-seven figures, the streamer will have beaten out considerable competition from the likes of Netflix and Amazon for the project.
It is expected to be turned into a feature film. Word in town is an expectation that Adam McKay might become involved, but if so that would be down the road. He adapted Lewis’ book The Big Short. A lot of this is happening in real time, as sources said they didn’t believe there was much to pitch other than the subject and the promise of a proper deep dive by a writer who is the master of turning complicated financial matters into A-list entertainment.
Bankman-Fried, who was understood to be worth up to $26B in paper holdings at one point, ran the cryptocurrency company before it collapsed earlier this month, with Bankman-Fried resigning as CEO of the company, which filed for Chapter 11 bankruptcy.
MacDailyNews Take: Bankman fried, indeed.
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Here’s one…Biden and the American collapse.
Your gambling habits are not in Biden’s job description.
That was fast. They haven’t even nabbed him yet.
For now it’s a crypto-film.
Sam Bankman-Fraud.
So, Apple will show how Sam Bankman Fried and FTX was the useful idiot who was put in a job by the CIA to set up a money laundering scheme taking billion and billions of US taxpayer dollars and laundering them in the UKRAINE, with the useful idiot Zalensky standing watch, so the funds could come back to US crooked politicians (mostly Democrats plus Romney and McConnell, etc.) and also to oligarchs around the world. The whole Ukraine war had to be stirred up to get enough funds to stave off a real red tidal wave. And to line already rich Democrat Communist Billionaire Proletariate pockets.
Pretty good ‘Merican for a Ruskie!
I’m not doubting any of that, but I’d like to see some proof.