The story of cryptocurrency platform FTX and its co-founder Sam Bankman-Fried can certainly be made into a TV or epic biopic that portrays him as a hero or a villain.
Anyone who anticipates such an outcome will be delighted to hear the latest news on a potential movie or series.
What happened? While many are watching the collapse and bankruptcy of cryptocurrency platform FTX, one person is reportedly keeping a close eye on Bankmann-Fried, who runs a cryptocurrency company.
Benzinga recently revealed that author Michael Lewis , who has been following Bankman-Freed for the past six months, is working on a possible book.
Lewis is best known for books such as Moneyball. the art of winning and dishonest games”, “The invisible side. game evolution” and “Big short. inside a judgment machine", all of which became the subject of hits. . Movies. .
According to the report, a letter from the Creative Artists Agency (CAA) talent agency was sent to groups vying for the rights to the book and a potential film.
Bidding for film and television rights to the yet-to-be-written book is expected to be in high demand, given the subject matter and the author's previous work.
A Deadline report says the two streaming giants are most interested in book rights for Amazon Studios, Inc., a division of Amazon.com. Both AMZN and Netflix Inc are interested in NFLX .
Netflix has announced that it will hire director David Fincher for the project. Fincher previously ran the social network for Meta Platform, Inc. It was about Meta and its co-founder Mark Zuckerberg . Netflix is also directing the project on behalf of Sugar23 and Josh Gad will be attached to the project.
However, the voice of Olaf the Snowman from the Frozen franchise could soon become one of the most popular crypto-currency characters of all time.
Producer David Heyman, who previously helmed the Harry Potter series, Warner Bros. Discovery became interested in the project, producing eight films for the WBD .
Other stakeholders cited include CNBC host and New York Times columnist Andrew Ross Sorkin , as well as Scott Burns and Jonathan Glickman .
Related link: From "Smoke and Mirrors" to "Greed and Deception". Sen. Elizabeth Warren doubles down on FTX, crypto critic
Why is it important? Bidding for film and television rights has not yet begun, but as expected, the filing of the CAA has spurred demand, including from several streaming companies.
In recent years, films and television series about technology companies have become popular among studios. "WeCrashed", which airs on Apple Inc. on the AAPL AppleTV+ channel covering the history of WeWork .
"Super Pumped! Battle for Uber", Uber Technologies Inc. is based on a story that airs as a series on Showtime, a division of Paramount Global PARA PARAA .
Numerous documentaries and mini-series have been created chronicling the rise of GameStop and the pool of memes in 2021. GameStop is working on another popular movie based on the book by The Social Network author Ben Mezrich.
Viewers often prefer biographical stories about celebrities, musicians, and athletes. It remains to be seen to what extent this is a story about a cryptocurrency millionaire.
For the latest FTX developments, visit the Benzinga FTX homepage.
Image: SBF screenshot from FTX YouTube video