Apple and the independent film company A24 («Everything always and at the same time», «Heredity», «Moonlight», «Love, lies and bloodshed») have started working together on a movie about crypto fraudster Sam Bankman-Fried, the founder and destroyer of FTX exchange. Pros data According to Variety, the script for the film will be written by Lena Dunham (known for the HBO comedy series «Girls»), and the plot will be based on Michael Lewis’ book «Going Infinite: The Rise and Fall of a New Tycoon», which has already been criticized for trying to exonerate Bankman-Fried. It was published in October 2023 and became a New York Times bestseller.
The book describes the rapid rise and fall of Bankman-Fried, his cryptocurrency exchange FTX, and hedge fund Alameda. The author portrays the founder of FTX as a gifted genius, ignoring the fact that he embezzled billions of dollars of client funds, spending them on advertising, political donations, and luxury real estate.
At its peak, the FTX crypto exchange was valued at billions of dollars, but collapsed due to the actions of Benkman-Fried, who was sentenced to 25 years in prison for fraud. However, there is hope that Dunham can also incorporate better sources into the script, such as the book «Numbers Go Up» by Zach Fo, which goes deeper into the dark side of the cryptocurrency business and fraud.
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