Apple Nearing Deal for Film About Sam Bankman-Fried and the Collapse of FTX

Apple is close to a deal for the book rights to Michael Lewis' story about the fall of entrepreneur Sam Bankman-Fried and his cryptocurrency trading platform FTX, reports Deadline.

apple tv plus banner
The author of Moneyball, The Big Short, and The Blind Side spent six months will Bankman-Fried before his crypto exchange collapsed earlier this month. Bankman-Fried resigned as CEO of FTX, which was once understood to be worth up to $26 billion before it filed for Chapter 11 bankruptcy, amid allegations of fraud and mishandled customer funds.

With the story expected to be turned into a feature film, Deadline's sources peg the deal at mid-seven figures. If Apple successfully closes, the report suggests it will have beaten competition from the likes of Amazon and Netflix.

Lewis' book will attempt to explain the fall of Bankman-Fried's crypto empire, which forced him to put up his Bahamas resort up for sale. He and FTX are now under investigation in the U.S. and other countries for possible securities violations. FTX's implosion has also seen celebrities Tom Brady and Larry David being sued for their part in its promotion.

Popular Stories

AirPods Pro 3 Mock Feature

AirPods Pro 3 Just Months Away – Here's What We Know

Friday April 18, 2025 5:16 am PDT by
Despite being more than two years old, Apple's AirPods Pro 2 still dominate the premium wireless‑earbud space, thanks to a potent mix of top‑tier audio, class‑leading noise cancellation, and Apple's habit of delivering major new features through software updates. With AirPods Pro 3 widely expected to arrive in 2025, prospective buyers now face a familiar dilemma: snap up the proven...
iphone 16 pro models 1

17 Reasons to Wait for the iPhone 17

Thursday April 17, 2025 4:12 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we often get rumored features months ahead of launch. The iPhone 17 series is no different, and we already have a good idea of what to expect from Apple's 2025 smartphone lineup. If you skipped the iPhone...
Beyond iPhone 13 Better Triad

Apple's 20th Anniversary iPhone May Finally Go All Screen

Tuesday April 15, 2025 6:31 am PDT by
Apple is preparing a "bold" new iPhone Pro model for the iPhone's 20th anniversary in 2027, according to Bloomberg's Mark Gurman. As part of what's being described as a "major shake-up," Apple is said to be developing a design that makes more extensive use of glass – and this could point directly to the display itself. Here's the case for Apple releasing a truly all-screen iPhone with no...
maxresdefault

iPhone 17 Pro Launching Later This Year With These 12 New Features

Sunday April 13, 2025 7:52 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Subscribe to the MacRumors YouTube channel for more videos. Below, we recap key changes rumored for the iPhone 17 Pro models as of April 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and ...
CarPlay Hero

Apple Releases Wireless CarPlay Fix

Wednesday April 16, 2025 11:28 am PDT by
If you have been experiencing issues with wireless CarPlay in your vehicle lately, it was likely due to a software bug that has now been fixed. Apple released iOS 18.4.1 today, and the update's release notes say it "addresses a rare issue that prevents wireless CarPlay connection in certain vehicles." If wireless CarPlay was acting up for you, updating your iPhone to iOS 18.4.1 should...
top stories 2025 04 19

Top Stories: iPhone 17 Pro Rumors, CarPlay Bug Fix, and More

Saturday April 19, 2025 6:00 am PDT by
This week saw rumor updates on the iPhone 17 Pro and next-generation Vision Pro, while a minor iOS 18.4.1 update delivered not just security fixes but also a fix for some CarPlay issues. We also looked ahead at what else is in Apple's pipeline for the rest of 2025 and even the 20th-anniversary iPhone coming in 2027, so read on below for all the details on these stories and more! iPhone 17 ...
iOS 18

iOS 18.5 Includes Only a Few Changes So Far

Monday April 21, 2025 11:00 am PDT by
Apple seeded the third beta of iOS 18.5 to developers today, and so far the software update includes only a few minor changes. The changes are in the Mail and Settings apps. In the Mail app, you can now easily turn off contact photos directly within the app, by tapping on the circle with three dots in the top-right corner. In the Settings app, AppleCare+ coverage information is more...

Top Rated Comments

enterthemerdaverse Avatar
32 months ago
Oh dear…

At least wait until all the blood letting and chest beating has played out.

We still have to see what is going to happen to all the politicians and CFTC regulators who were bought off with bribes, the international laundromat known as Binance and the Tether counterfeit digital dollar scam.
Score: 25 Votes (Like | Disagree)
Mr. Dee Avatar
32 months ago
Too soon, this almost like artistic TMZ.
Score: 12 Votes (Like | Disagree)
aknabi Avatar
32 months ago
His name is the 3 act story:
Sam -> Bankman -> Fried
Score: 11 Votes (Like | Disagree)
madmin Avatar
32 months ago
He should change his name to Fried-Bank-Man
Score: 9 Votes (Like | Disagree)
SnappleRumors Avatar
32 months ago
I predict Seth Rogen will play Sam Bankman-Fried and Mike Tyson will appear playing himself.
Score: 8 Votes (Like | Disagree)
Pilot Jones Avatar
32 months ago
I hope they use David Fincher's The Social Network as the blueprint on how to properly depict these greedy tech bros who pretended to revolutionise the world while cheating every single person they possibly could.

In less competent hands, this will just end up being another biopic glorifying someone who doesn't deserve to be glorified.
Score: 8 Votes (Like | Disagree)