Footage courtesy of Getty Pictures
It’s been within the works for properly over a 12 months and whereas it wants somewhat extra time within the oven earlier than Netflix formally unveils the challenge, we are able to report at this time that the streamer is engaged on a giant new biopic sequence on Sam Bankman-Fried and Caroline Ellison, the disgraced former CEO and govt of the cryptocurrency change FTX.
Oscar-winner Graham Moore is connected to jot down and co-showrun with Barack and Michelle Obama’s Increased Floor Productions, which is engaged on the challenge beneath their general take care of Netflix. Moore is finest recognized for writing on The Imitation Recreation, The Outfit, and The Holdout. James Ponsoldt is reportedly on board to direct no less than one episode, having beforehand labored on exhibits like Parenthood, Shameless, and Grasp of None, and have movies like Off the Black and Smashed. Jacqueline Hoyt is reportedly on board to co-showrun the eight-episode sequence that’s set to start manufacturing this Summer time. Hoyt’s earlier credit embrace CSI: Crime Scene Investigation, The Good Spouse, and The Leftovers.
As soon as hailed because the “Crypto King,” Sam Bankman-Fried, additionally recognized simply as SBF, was a rising star within the enterprise world, albeit somewhat unorthodox. He raised billions for his cryptocurrency change FTX and was hailed as a genius by many. After all, his legacy was left in tatters as a result of by November 2022, the ground had begun to break down with crimes being uncovered and a large blackhole of buyer funds lacking. By March 2024, after a prolonged public courtroom continuing, he was sentenced to 25 years in jail and ordered to forfeit $11 billion in belongings.
We first acquired alerted that Netflix was eying some challenge based mostly on Sam Bankman-Fried earlier in 2024, when the streamer optioned 5 articles from Vox Media, with these being:
- How SBF Allegedly Did It by Kevin T. Dugan.
- Might Caroline Ellison Be Chopping a Deal With the Justice Division? by Kevin T. Dugan.
- These Skeptics Noticed ‘Rip-off Bankman-Fraud’ Coming by Kevin T. Dugan.
- It Was All a Recreation for Sam Bankman-Fried by Kevin T. Dugan.
- What Does Sam Bankman-Fried Need to Say for Himself? by Jen Wieczner.
We then did some digging and came upon they had been creating this new sequence from Increased Floor. We had been instructed early on that the brand new sequence would give attention to Sam’s relationship with Caroline Ellison, his girlfriend who additionally served as an govt on the cryptocurrency change firm. Netflix declined to touch upon the challenge after we first approached them in Might 2024 and continues to take action now.
Variety and Deadline report that Ozark star Julia Garner is near a deal to play the function of Caroline Ellison. We additionally heard that, at one level, Evan Peters, finest recognized for his roles on American Horror Story and Netflix’s DAHMER, was in negotiations for the function of SBF himself. The challenge has but to be formally titled.
Netflix isn’t the one one cashing in on the story. Tasks are being labored on at Amazon Prime Video, with a restricted sequence adaptation with Joe and Anthony Russo’s AGBO. Apple Studios is teaming up with A24 for a movie based mostly on Michael Lewis’s e-book Going Infinite: The Rise and Fall of a New Tycoon, with Lena Dunham set to jot down. Vice Media and The Data are collaborating on a documentary. That’s not together with the numerous books within the works.
We’ll replace you as soon as we hear extra! Are you excited on the prospect of a giant new sequence on Sam Bankman-Fried at Netflix? Tell us within the feedback down beneath.