Apple secures rights to book on Sam Bankman-Fried for $5M: Report


Multinational know-how firm Apple has reportedly paid $5 million for the rights to creator Michael Lewis’ upcoming guide on former FTX CEO Sam Bankman-Fried (SBF) following a bidding conflict.

In response to a Sept. 7 report from The Ankler, Apple secured the rights to the guide Going Infinite: The Rise and Fall of a New Tycoon, which is ready to be launched on Oct. 3 — the beginning of SBF’s trial in New York. Lewis suggested an October publication date on the Bitcoin 2023 convention in Miami, aiming for the start of the previous FTX CEO’s felony trial.

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Michael Lewis’ guide on Sam Bankman-Fried, scheduled for publication on Oct. 3. Supply: Amazon

Along with the guide, the media outlet reported a documentary was within the works by director Nanette Burstein, who was behind movies on programmer and crypto evangelist John McAfee — who died in jail in 2021 — and former U.S. Secretary of State Hillary Clinton. Bankman-Fried is prone to be the topic of many documentaries amid and following his felony trial as a result of high-profile case in addition to his distinctive vogue fashion and hair. 

It’s unclear how such movies could also be transferring ahead with the continued strike of the Writers Guild of America coupled with that of the Display screen Actors Guild and American Federation of Tv and Radio Artists. The union members are calling on the Alliance of Movement Image and Tv Producers to deal with points together with residuals from streaming media and the way synthetic intelligence could also be used within the business within the futur.

Associated: Top 5 Bitcoin documentaries to add to your watchlist

The story of Bankman-Fried dominated headlines nicely earlier than the downfall of crypto alternate FTX and his arrest within the Bahamas. Many as soon as appeared on the former CEO as a rising star who grew to supervise billions of {dollars} in property at Alameda Analysis and FTX however stored making public appearances largely in a T-shirt, shorts, and sneakers. Throughout court docket appearances previous to his bail being revoked, SBF usually appeared in a full swimsuit and tie.

Different documentaries that includes distinguished figures or occasions within the crypto area embody Netflix’s Belief No One: The Hunt for the Crypto King on QuadrigaCX founder Gerald Cotten, who allegedly died throughout a visit in India, in addition to one exploring the journey of Coinbase co-founder and CEO Brian Armstrong. Previous to the author’s strike, there was reportedly a movie being produced on the relationship between Bankman-Fried and Binance CEO Changpeng Zhao.

Journal: Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26