Apple secures rights to book on Sam Bankman-Fried for $5M: Report

Multinational innovation business Apple has apparently paid $5 million for the rights to author Michael Lewis upcoming book on former FTX CEO Sam Bankman-Fried (SBF) following a bidding war.According to a Sept. 7 report from The Ankler, Apple protected the rights to the book Going Infinite: The Rise and Fall of a New Tycoon, which is set to be released on Oct. 3– the start of SBFs trial in New York. Lewis suggested an October publication date at the Bitcoin 2023 conference in Miami, going for the beginning of the former FTX CEOs criminal trial.Michael Lewis book on Sam Bankman-Fried, arranged for publication on Oct. 3. Source: AmazonIn addition to the book, the media outlet reported a documentary was in the works by director Nanette Burstein, who lagged movies on developer and crypto evangelist John McAfee– who passed away in jail in 2021– and former U.S. Secretary of State Hillary Clinton. Bankman-Fried is most likely to be the subject of numerous documentaries amid and following his criminal trial due to the high-profile case along with his distinct fashion design and hair. Its uncertain how such films might be progressing with the ongoing strike of the Writers Guild of America combined with that of the Screen Actors Guild and American Federation of Television and Radio Artists. The union members are getting in touch with the Alliance of Motion Picture and Television Producers to attend to issues including residuals from streaming media and how expert system might be used in the market in the futur.Related: Top 5 Bitcoin documentaries to add to your watchlistThe story of Bankman-Fried controlled headlines well prior to the downfall of crypto exchange FTX and his arrest in the Bahamas. Lots of when took a look at the former CEO as an increasing star who grew to oversee billions of dollars in properties at Alameda Research and FTX but kept revealing looks largely in a T-shirt, shorts, and sneakers. Throughout court looks prior to his bail being withdrawed, SBF frequently appeared in a full fit and tie.Other documentaries including popular figures or occasions in the crypto space consist of Netflixs Trust No One: The Hunt for the Crypto King on QuadrigaCX creator Gerald Cotten, who allegedly died during a trip in India, along with one checking out the journey of Coinbase co-founder and CEO Brian Armstrong. Prior to the writers strike, there was apparently a film being produced on the relationship in between Bankman-Fried and Binance CEO Changpeng Zhao.Magazine: Sam Bankman-Frieds life in prison, Tornado Cashs turmoil, and a $3B BTC whale: Hodlers Digest, Aug. 20-26