WASHINGTON, DC – DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies throughout a listening to earlier than the … [+]
Whereas all of us depend these with probably the most to lose because the fallout from the epic collapse of crypto trade FTX continues to unfold, one agent appears prepared to start out a bidding conflict for the story from a bestselling writer in the precise place on the proper time.
Non-fiction scribe Michael Lewis, of “The Huge Quick” and “Liar’s Poker” fame, has been spending time with now disgraced crypto wunderkind Sam Bankman-Fried, who noticed his empire collapse with astonishing velocity this month.
Generally often called SBF, Bankman-Fried helmed FTX and hedge fund Alameda Analysis, each just lately thought of titans of the crypto business. Within the area of some days, a liquidity crunch led to a catastrophic collapse adopted by chapter and now a felony investigation is underneath manner within the Bahamas the place FTX is headquartered.
And within the months main as much as this most spectacular turnabout within the temporary historical past of crypto, Lewis was tagging together with SBF and taking notes for his subsequent e book challenge. Lewis has been noticed with the billionaire in latest months, together with interviewing him at a convention within the Bahamas.
Now with all of the drama and billions of worth evaporating, Lewis’ agent has determined to strike will the iron is sizzling.
A letter has been circulating in latest days that was initially obtained by The Ankler and was drafted by agent Matthew Snyder from CAA, who represents Lewis. The e-mail confirms that SBF would be the major character in Lewis’ subsequent e book.
“In fact, the occasions of the previous week have offered a dramatic ending to the story,” the letter reads. “Michael hasn’t written something but, however the story has turn out to be too large for us to attend.”
The subtext is fairly clear: place your bid.
Regardless of the closing consequence, it’s going to take for much longer to materialize than it took FTX to collapse.
Satirically, SBF himself is perhaps the final to learn it. Because the disgraced founder himself mentioned in a single trade initially printed in September, he “would by no means learn a e book.”
