Apple is near a deal for the e-book rights to Michael Lewis’ story concerning the fall of entrepreneur Sam Bankman-Fried and his cryptocurrency buying and selling platform FTX, studies Deadline.


The writer of cash ball, The Large Quickand The Blind Facet Spent six months will Bankman-Fried earlier than his crypto trade collapsed earlier this month. Bankman-Fried resigned as CEO of FTX, which was as soon as understood to be value as much as $26 billion earlier than it filed for Chapter 11 chapter, amid allegations of fraud and mishandled buyer funds.

With the story anticipated to be was a characteristic movie, Deadline‘s sources peg the deal at mid-seven figures. If Apple efficiently closes, the report suggests it’ll have overwhelmed competitors from the likes of Amazon and Netflix.

Lewis’ e-book will try to elucidate the autumn of Bankman-Fried’s crypto empire, which pressured him to place up his Bahamas resort up on the market. He and FTX are actually below investigation within the US and different nations for attainable securities violations. FTX’s implosion has additionally seen celebrities Tom Brady and Larry David being sued for his or her half in its promotion.

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