Report: Apple in the running for rights on upcoming FTX Michael Lewis book
November 28th 2022
Deadline is reporting that Apple is near a deal for the rights to an upcoming Michael Lewis book that will chronicle the downfall of crypto firm FTX. Lewis has authored several best sellers that turned into big movies such as The Big Short, Moneyball, and Blind Side.
Lewis has been working on the book with FTX CEO Sam Bankman-Fried for the past six months. Presumably, Lewis has a front-row seat on FTX's sudden and spectacular collapse earlier this month.
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. With revelations, billion-dollar loans, money grabbed by Bankman-Fried and his girlfriend, and other shenanigans being reported by the day, and FTX's favorable position coming from political donations to Democrats, you get the feeling that a lot more will play out here.