Netflix Developing Sam Bankman-Fried FTX Biopic Series With Oscar-Winning Writer Graham Moore

Netflix Developing Sam Bankman-Fried FTX Biopic Series With Oscar-Winning Writer Graham Moore

Footage courtesy of Getty Photos

It’s been within the works for properly over a 12 months and whereas it wants a bit extra time within the oven earlier than Netflix formally unveils the venture, we are able to report at this time that the streamer is engaged on an enormous new biopic sequence on Sam Bankman-Fried and Caroline Ellison, the disgraced former CEO and government of the cryptocurrency change FTX. 

Oscar-winner Graham Moore is hooked up to put in writing and co-showrun with Barack and Michelle Obama’s Larger Floor Productions, which is engaged on the venture below their general cope with Netflix. Moore is finest recognized for writing on The Imitation Sport, The Outfit, and The HoldoutJames Ponsoldt is reportedly on board to direct at the very least 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 season. 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 a bit 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 an enormous blackhole of buyer funds lacking. By March 2024, after a prolonged public court docket continuing, he was sentenced to 25 years in jail and ordered to forfeit $11 billion in property. 

We first obtained alerted that Netflix was eying some venture primarily based 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.
  • May Caroline Ellison Be Slicing 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 Sport 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 discovered they have been growing this new sequence from Larger Floor. We have been informed early on that the brand new sequence would give attention to Sam’s relationship with Caroline Ellison, his girlfriend who additionally served as an government on the cryptocurrency change firm. Netflix declined to touch upon the venture 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 venture 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 primarily based on Michael Lewis’s e-book Going Infinite: The Rise and Fall of a New Tycoon, with Lena Dunham set to put in writing. 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 an enormous new sequence on Sam Bankman-Fried at Netflix? Tell us within the feedback down under.