– decrypt


Amazon has ordered a miniseries from the directors of Marvel’s “Avengers” franchise based on the collapse of crypto exchange FTX.

according to the film trade newspaper diversityJoe and Anthony Russo, directors of “Avengers: Infinity War” and “Avengers: Endgame,” as well as Netflix’s “The Gray Men,” will produce the eight-episode series through their production company ABGO. The Russo brothers are in talks to direct and executive produce the series.

The series is being written by David Weil, whose previous credits include Amazon’s Hunters and Solos and Apple TV+’s Invasion. It will be based on “insider reporting” from several unnamed reporters on the FTX saga and its founder and former CEO Sam Bankman-Fried.

The Russo brothers described the collapse of FTX as “one of the most brazen frauds ever perpetrated”, calling Bankman-Fried “an extremely mysterious figure with complex and potentially dangerous motivations”.

Until diversity, “Multiple Marvel actors” have been in the news for roles on the show. Along with the Russoes, the series’ other executive producers include AGBOs Mike Larocca, Angela Russo-Otstott, and Scott Nemes, as well as Natalie Lane Williams.

FTX Saga and Hollywood

Once one of the crypto industry’s darlings, FTX has made headlines for its high-profile sports sponsorships with the likes of the Miami Heat and partnerships with celebrities such as Tom Brady and Gisele Bündchen. Its founder, 30-year-old Sam Bankman-Fried, made the covers of mainstream business publications such as Good luck And predetermined,

It took less than a week for the collapse of FTX to appear.

Nervous investors began withdrawing their funds after rival crypto exchange Binance began selling its holdings of FTX’s FTT exchange token following an unspecified “disclosure”. On a grand scale from FTX. A few days later, FTX was declared bankrupt.

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The entertainment industry has already done a lot of work with regard to troubled entrepreneurs and their businesses; Amanda Seyfried stars as Theranos founder Elizabeth Holmes – recently sentenced to 11 years in prison for fraud – in Hulu’s “The Dropout,” while Jared Leto and Anne Hathaway recently star in Apple’s “WeCrashed,” played by WeWork founders Adam and Rebekah Newman.

To date, the crypto industry has attracted little attention from Hollywood, but with several projects in the works based on the meteoric rise and fall of Bankman-Fried and FTX, that looks set to change.

This is evident from a report in the trade newspaper Hollywood reporter Earlier this week, Apple closed a deal for the rights to Michael Lewis’s book on FTX. Lewis, author of “The Big Short,” “Moneyball” and “Flash Boys,” spent six months “traveling with and interviewing Sam Bankman-Fried,” according to a letter distributed by his agency CAA.

Several non-fiction projects based on the fall of FTX are also going into production; Until Hollywood reporterNon-fiction studio XTR is currently working on a documentary in production in the Bahamas, the location of FTX’s headquarters. Vice Media & Tech Publishing Information Making a competitive documentary.

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