Apple Studios and A24 have collaborated to produce a film about the rise and fall of the infamous FTX founder Sam Bankman-Fried, based on Michael Lewis's book 'Going Infinite: The Rise and Fall of a New Tycoon'.
Adaptation of Michael Lewis's Book
Michael Lewis, known for his bestsellers such as 'Moneyball' and 'The Big Short', was paid $5 million by Apple for the adaptation rights. Lewis, with exclusive access to the events, describes the dramatic downfall of the businessman.
The Story of Sam Bankman-Fried
Sam Bankman-Fried, once listed as the 41st richest person in the US, was convicted of fraud, conspiracy, and money laundering. He was sentenced to 25 years in prison with the forfeiture of $11 billion. Bankman-Fried is accused of the largest financial fraud in history. During the trial, he was described as intelligent and manipulative, aware of his illegal activities and using his influence to execute them.
Film Details
Lena Dunham, known for her work on 'Girls', will adapt the book for the big screen. The film will delve into Sam's meteoric rise in the crypto world, his lavish lifestyle, and eventual downfall, with his 2023 conviction. It will detail events known through Lewis's close work with Bankman-Fried.
The film will be another adaptation of Michael Lewis's work, exploring the significant events surrounding the collapse of a major cryptocurrency exchange and its founder.