Michael Lewis has previously authored a number of critically acclaimed books, many of which have been successfully flipped into feature films: Moneyball, The Blind Side, and The Big Short. Lewis has spent the last six months following Bankman-Fried’s every move, giving the author a close-up look at the collapse of Bankman-Fried’s FTX crypto empire.
Bankman-Fried was the CEO of the cryptocurrency exchange FTX, which collapsed in recent weeks as it was revealed it was not nearly liquid enough. As such, Bankman-Fried, once beloved to be worth nearly $30 billion, has also fallen from grace.
Some more details on the project from Deadline:
As you might expect, there are a number of other projects looming focused on FTX and Bankman-Fried, but having Lewis’ name attached to this one makes it the “hot property” at the moment.
Lewis’ book will attempt to explain what went down at the company and with Bankman-Fried, who was forced to put his rich Bahamas resort up for sale and deal with the fallout that also saw a number of celebrities including Tom Brady and Larry David sued for their part in promoting it.
