Apple to sign deal for 'Moneyball' author's upcoming book on FTX crash

Apple is reportedly near signing a cope with “Moneyball” and “The Huge Quick” writer Michael Lewis for unique streaming rights to his upcoming e-book on the FTX crash.

Deadline reported that the writer spent six months with the embattled entrepreneur, earlier than the FTX crash.

Lewis‘s e-book will observe former CEO Bankman-Fried, a person estimated to be price $26 billion, and reveal how the FTX crypto trade collapsed.

As Apple is nearing a deal for the e-book rights to Lewis’s story, it faces stiff competitors from Netflix and Amazon, based on the report.

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The e-book is predicted to be changed into a function movie, the report added.

Earlier this month, the beleaguered crypto trade FTX introduced it had filed for Chapter 11 chapter within the US, as its Founder and CEO Sam Bankman-Fried resigned from his function.

The e-book will attempt to clarify what occurred on the firm and with Bankman-Fried, who was compelled to promote his luxurious Bahamas resort and cope with the fallout, together with the lawsuits in opposition to Tom Brady and Larry David for his or her function in selling the resort, mentioned the report.

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