EXCLUSIVE: The wild story of crypto king Sam Bankman-Fried and the $32 billion FTX meltdown is attracting considerable interest from Hollywood.
Michael Lewis is writing a book that will feature the likes of Amazon, Netflix, David Fincher, Josh Gad and David Heyman, while Scott Burns and Jonathan Glickman’s Panoramic review a potential project The New York Times“Andrew Ross Sorkin.
Graham Moore, the Oscar-winning author behind the Benedict Cumberbatch film The imitation gameHe also threw his hat in the ring.
Moore will write and direct an adaptation of New York Magazine’s deep dive into the subject.
The magazine’s cover story, covering Bankman-Fried’s rise from an honest crypto dude willing to spend his fortune to save the world, to FTX crashing in Chapter 11 when he lost his property in the Bahamas had to sell.
Scoop Wasserstein will produce for Vox Media Studios and New York Magazine.
It marks Moore and Wasserstein’s latest project together as the pair fell behind The outfit, a psychological crime thriller starring Mark Rylance and Zoey Deutch, written and directed by Moore, which premiered earlier this year.
Moore views the project as either a series or a feature film.
“Like everyone else on the planet, I haven’t been able to take my eyes off this story for weeks,” Moore said. “Thanks to New York Magazine’s peerless reporting, each new revelation is more shocking, fascinating, occasionally terrifying, and often more hilarious than the last. I’m excited to be working with a team of world-class journalists reporting in real-time on a story that’s evolving as fast as the internet. I’ve spent a lot of time writing about the complex and unique characters at the center of big technological moments. In SBF, “complex” and “singular” sound like understatements. Whether he intended to change the world or not, it looks like he just did.”
New York Magazine and Vox Media Studios are also developing a documentary on the subject, with the companies working with their reporters and sources across the country and the Bahamas.
It would be the latest documentary project on the subject, similar to the Fyre Festival and Gamestop saga with competing projects. Vice is working on a document, as is XTR and David Darg.
“The projects we’ve assembled around Sam Bankman-Fried and FTX are a model of how Vox Media Studios is expanding the storytelling of our incredible journalists,” added VMS Chief Creative Officer Chad Mumm.
Vox Media Studios and New York Magazine are behind projects like the upcoming one sex diaries documentary adaptation for HBO, Razzlekhan: The infamous crocodile of Wall Street with Lily Collins on Hulu and Who Killed Tulum? with Annapurna at Amazon Studios.
Moore is represented by CAA and Felker Toczek, New York Magazine and Vox Media Studios are represented by WME and Grubman Shire Meiselas & Sacks.