Wednesday, January 15

Tag: convicted

Apple and A24 are developing a Sam Bankman-Fried movie written by Lena Dunham

Apple and A24 are developing a Sam Bankman-Fried movie written by Lena Dunham

Technology
Apple and art house film company A24 are in early development on a film about convicted crypto scammer Sam Bankman-Fried with a script written by Lena Dunham, Variety reported. The project will be based on the Michael Lewis book Going Infinite: The Rise and Fall of a New Tycoon that many critics found overly deferential to Bankman-Fried.The book describes the dizzying rise and equally vertiginous fall of Bankman-Fried and his FTX crypto exchange and Alameda hedge fund. However, it paints the FTX founder as a benevolent prodigy and glosses over the fact that he embezzled billions of dollars from customers and spent it on things like celebrity endorsements, political donations and high-end real-estate purchases.FTX was worth billions at its peak, but the exchange eventually collapsed and Ban...