New documentary series and a book on FTX scandal to be released soon

The scandal around FTX and Sam Bankman-Fried’s crack will be the subjects of a new documentary from XTR and Oscar-nominee David Darg.

The implosion of cryptocurrency platform FTX and its founder Sam Bankman-Fried will be the subject of a new documentary from premium nonfiction studio XTR.

According to Variety magazine, the company behind docs including “They Call Me Magic,” “Meet Me in the Bathroom” and the Emmy and Peabody award-winning “76 Days” is already in production on the untitled FTX feature.

The magazine first reported that Oscar nominee and Emmy winner David Darg (“Body Team 12,” “You Cannot Kill David Arquette”) is directing and presently on the ground in the Bahamas, where FTX is headquartered and where Bankman-Fried is currently being questioned by securities officials. Bryn Mooser, Kathryn Everett and Justin Lacob are executive producing the film for XTR.

The project touts “unprecedented access to key players at FTX and the cryptocurrency community.” The doc “will explore the corporate drama that upended markets, sparked government investigations and sent shock waves through an industry still battling to gain mainstream credibility,” the filmmakers told Variety.

“The implosion of FTX is the most sensational financial story since WallStreetBets disrupted the stock market during the pandemic and it exposes major flaws within the cryptocurrency universe,” added Lacob. “With our exclusive access and our team already on the ground, we’re excited to dive deep into this breaking story, which has already ensnared celebrities like Tom Brady. It’s incredibly thrilling to embark on this investigative journey without knowing where the breadcrumbs will lead us.”

Recently also Michael Lewis – the A-list nonfiction writer of the books that became “Moneyball” and “The Big Short” – has been embedded with Bankman-Fried for six months working on a tome about FTX with Amazon as one of the bidders that is set to lose out to Apple to the rights to his upcoming book.