Apple and A24 have a Sam Bankman-Fried biopic in the works

Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, based on Michael Lewis’ bestselling book ‘Going Infinite: The Rise and Fall of a New Tycoon.’

According to a Variety report, Apple Studios and A24 will jointly develop and co-produce a film about Michael Lewis’ book “Going Infinite,” which explores the success and fall of crypto exchange FTX and its founder Sam Bankman-Fried.

Lena Dunham will reportedly write the script for the film adaptation. Dunham is known for creating, starring, directing and executive producing the HBO series “Girls,” for which she received eight Emmy Award nominations and a Golden Globe award.

In September 2023, Apple paid $5 million for the rights to Michael Lewis’ book about Sam Bankman-Fried, a month before it was even published. Lewis reportedly witnessed the rise and fall of SBF in real time during his 12 months alongside the former crypto billionaire.

Aside from A24 and Apple’s biopic, there are eight known Hollywood projects in the works based on SBF.

According to Variety, Amazon is also ordering an eight-episode limited series about the collapse of FTX, produced by the Russo brothers’ company AGBO. David Weil, creator of the Amazon Prime series “Hunters,” will write and executive produce the pilot, while an insider says the Russes are in talks to direct.

Another SBF-based project reportedly in the works is a profile documentary by Nanette Burstein, director of the 2020 documentary film “Hillary” based on former U.S. Secretary of State Hillary Clinton.

Sam Bankman-Fried, CEO and co-founder of FTX, was once a prominent figure in the crypto industry before the crypto exchange collapsed in 2022. Bankman-Fried was convicted of multiple charges, including campaign finance violations, money laundering, and securities fraud. and wire fraud.

On March 28, 2024, he was sentenced to 25 years in prison and ordered to forfeit $11 billion for his crimes. Bankman-Fried is currently serving her sentence in a federal prison facility since last year.