Michaela
Popular subscription-based streaming service Netflix has reportedly begun taking steps toward developing a new biopic series centered on former FTX CEO Sam Bankman-Fried and former Alameda Research executive Caroline Ellison, two key figures in the high-profile collapse of the FTX cryptocurrency exchange.
Reports suggested that while Netflix has not officially announced the project, speculation began in early 2024 after the streaming platform secured the rights to five articles from Vox Media centered on Bankman-Fried, signaling potential interest in developing a related production.
Barack and Michelle Obama’s production company, Higher Ground Productions, is reportedly developing the series, with Academy Award winner Graham Moore attached as writer and co-showrunner.
The upcoming series is expected to focus on the relationship between Bankman-Fried and Ellison, their involvement in one of the largest scandals in cryptocurrency history, and the actions that contributed to the over $10 billion financial collapse of the FTX exchange.
Julia Garner, known for her roles in Ozark and Inventing Anna, is reportedly nearing a deal to portray Ellison, while Evan Peters, recognized for his performances in American Horror Story and Netflix’s DAHMER, was also said to be in talks to play Bankman-Fried.
Given the high-profile and controversial nature of FTX’s collapse, multiple streaming platforms are reportedly looking to capitalize on the story of Bankman-Fried.
Several projects are currently in development, including a limited series adaptation at Amazon Prime Video, produced by Joe and Anthony Russo’s AGBO. Apple Studios has partnered with A24 to create a film inspired by Michael Lewis’s Going Infinite: The Rise and Fall of a New Tycoon, with Lena Dunham slated to write. Additionally, Vice Media and The Information are collaborating on a documentary, while numerous books about the scandal are also in progress.
Before the downfall of FTX, Bankman-Fried was widely regarded as one of the most influential figures in the cryptocurrency industry. He quickly rose to prominence due to his innovative approach to digital assets and his rapid success in building one of the largest platforms for cryptocurrency trading. Bankman-Fried was celebrated for his technical expertise, philanthropic ambitions, and vocal stance on cryptocurrency regulation.
At the height of his career, Bankman-Fried was a regular presence at major financial conferences, engaging with regulators and policymakers to shape the future of the cryptocurrency space. His net worth soared, and he became a recognizable name, frequently featured in media outlets and included in lists of influential tech entrepreneurs.
Read More
- Sam Bankman-Fried Breaks Silence on X as FTT Surges, Then Falls
- Bankman-Fried Pardon Bid Clouded by Mixed Political Donations
- Ex-FTX Co-CEO Turns on Caroline Ellison, Defending Former Boss
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
