In a stunning development, tech behemoth Apple has invested a staggering $5 million to acquire the rights for celebrated author Michael Lewis’ highly anticipated expose. This revealing piece delves into the life of former FTX CEO Sam Bankman-Fried following a heated bidding war.
According to a recent report, Lewis’ forthcoming book, “Going Infinite: The Rise and Fall of a New Tycoon”, slated for release on Oct. 3, aligns with the commencement of SBF’s trial in the heart of New York. This strategic timing, unveiled by Lewis at the Bitcoin 2023 conference in Miami, aims to set the stage for a riveting narrative of the former FTX helmsman’s legal battle.
A new documentary is being made by the talented director Nanette Burstein. She is known for her work on famous people like the late John McAfee and former US Secretary of State Hillary Clinton. The documentary would focus on Bankman-Fried, a mysterious figure. His unique style and hairstyle would be highlighted in the upcoming film.
The future of these movie projects is still being determined due to two labor strikes led by the Writers Guild of America, the Screen Actors Guild, and the American Federation of Television and Radio Artists. These unions call on the Alliance of Motion Picture and Television Producers to address industry issues such as streaming residuals and the increasing use of artificial intelligence in entertainment.
The story of Bankman-Fried’s rapid ascent to success and subsequent fall from grace was widely covered in the media long before FTX, the cryptocurrency giant he headed, collapsed and was arrested in the Bahamas. Once considered a rising star, Bankman-Fried was in charge of massive amounts of money at Alameda Research and FTX, sporting his signature T-shirts, shorts, and sneakers. However, in a poignant turn of events, his court appearances before revoking his bail clearly departed from his usual attire, as he was dressed in a sharp suit and tie.
Apple’s substantial investment signifies a resounding vote of confidence in Lewis’ work. It thrusts Bankman-Fried’s saga into the global spotlight, promising an enthralling exploration of a financial maverick’s meteoric rise and abrupt descent.
