The rise and fall of cryptocurrency platform FTX is getting the sequence therapy at Amazon.
The tech large’s Prime Video streaming service has landed an eight-episode restricted sequence about FTX from Joe and Anthony Russo’s AGBO. Hunters creator David Weil will write the primary episode, and the Russos are in talks to direct.
The undertaking is considered one of a number of — each scripted and documentary — within the works about FTX and founder Sam Bankman-Fried. Apple is close to a deal for rights to a forthcoming e-book on Bankman-Fried and FTX from The Big Short creator Michael Lewis, and Vice Media and tech enterprise publication The Information are collaborating on a documentary.
“We are excited to be able to continue our great working relationship with David, Joe, Anthony, and the AGBO team with this fascinating event series,” Amazon Studios head Jennifer Salke stated in a press release. “I can’t think of better partners to bring this multifaceted story to our global Prime Video audience.”
The Russos and Weil each have relationships with Amazon. AGBO is behind Prime Video’s globe-hopping spy sequence Citadel, which goals to launch localized offshoots of the story in numerous international locations. Weil has an general take care of Amazon Studios; along with Hunters, he created the anthology sequence Solos for Prime Video.
Details on the FTX sequence, together with supply materials, are being stored beneath wraps in the intervening time. The Russo brothers, who depend Avengers: Endgame and Netflix’s The Gray Man amongst their directing credit, might probably courtroom A-list expertise for the sequence.
Bankman-Fried based FTX in 2019 and it rapidly turned one of many greatest crypto exchanges in the marketplace. In the previous month, nonetheless, a sequence of revelations led to devastating losses at FTX and its associated buying and selling agency Alameda Research, with FTX ultimately submitting for Chapter 11 chapter safety and a gaggle of buyers suing the corporate and several other celeb endorsers for fraud.
“This is one of the most brazen frauds ever committed. It crosses many sectors — celebrity, politics, academia, tech, criminality, sex, drugs, and the future of modern finance,” the Russos stated in a press release. “At the center of it all sits an extremely mysterious figure with complex and potentially dangerous motivations. We want to understand why.”
The Russos and Weil will govt produce the sequence with Mike Larocca, Angela Russo-Otstot and Scott Nemes of AGBO and Natalie Laine Williams.
Variety first reported the news.