According to new reports, giant companies such as Apple and Amazon are preparing to make history the collapse of FTX and SBF.
Apple to address the collapse of FTX with acclaimed author Michael Lewis
Tech giant Apple is preparing to acquire the publishing rights to a new project that addresses the collapse of Moneyball, The Big Short and The Blind Side author Michael Lewis and FTX and its founder Sam Bankman-Fried. According to estimates, a feature film will be released in collaboration with Apple and financial journalist Michael Lewis. A book on the FTX collapse is expected ahead of this. The roughly $5 million deal will be filmed later. Michael Lewis promises to provide more behind-the-scenes details as he has been in close contact with the SBF for a time.
The downfall of Sam Bankman-Fried
The arbitrage billionaire lost 94% of his fortune overnight with the collapse of FTX, the cryptocurrency exchange he founded with the money he obtained from it. The bankruptcy of his exchange caused him to lose his CEO title. He became a notorious name when his crypto empire went bankrupt. The downfall of Silicon Valley-born, MIT-educated Bankman-Fried began with the disclosure of one of their companies, Alameda Research. A report released in November showed just how fake the SBF’s empire really is. It turns out that FTX’s sister company, Alameda, actually gets all its power from the FTT token. Binance CEO CZ’s statement that he would sell the FTTs he had on the grounds of this also ignited the wick of the collapse. The stock market, which went into a liquidity crisis in the face of intense demand for withdrawals, went bankrupt. He lost 94% of his fortune overnight in SBF. We have discussed the curious questions in this article of Kriptokoin.com.
Who is Michael Lewis to write about the collapse of Apple and FTX?
Michael Lewis is an American writer with a total net worth of $25 million. He is best known for his bestselling books such as “Moneyball”, “The Blind Side” and “The Big Short”. Lewis originally wrote “Liar’s Poker” inspired by his experience at Salomon Brothers. Published in 1989, the book both chronicles his time at Salomon and explores the development of mortgage-backed bonds. Lewis later wrote “Pacific Rift,” which was released in 1991. This title was followed by “The Money Culture” and “Trail Fever”. These were followed by “Moneyball”, one of his most beloved books. The book, about the Oakland Athletics baseball team and their general manager Billy Beane, explores the team’s sabermetric approach to bringing together their cast.
Michael Lewis is now pursuing a storytelling of FTX and its founder, SBF, in collaboration with Apple. For this historical event, giant companies such as Amazon and Netflix are making moves besides Apple. According to sources, Apple is the strongest candidate close to signing Lewis.
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