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Apple is close to a deal with “The Big Short” and “Moneyball” author Michael Lewis, hoping to get exclusive streaming rights to his forthcoming work on cryptocurrency.
Lewis's book chronicles the rise and fall of former CEO Bankman-Fried, who is worth an estimated $26 billion, and explains how the spectacular crash of FTX took place in early November.
Apple is now close to a deal for the book rights to Lewis's story, but only after facing stiff competition from Netflix and Amazon.
According to Deadline sources, the deal could be worth seven figures. Adam McKay, who adapted Lewis's Big Short for the film, could be involved.
The story of the collapse is convoluted, but mostly due to unprecedented mismanagement. As a result, the collapse affected not only FTX and its FTT token, but also caused a significant drop in the cryptocurrency market.