A docu-series focusing on the relationship between Sam Bankman-Fried and Binance founder and CEO Changpeng Zhao, the FTX saga, as well as the events leading up to the exchange’s abrupt collapse is to be released.
According to The Hollywood ReporterMark Wahlberg, Stephen Levinson and Archie Gips, co-founders of the unscripted film company Unrealistic Ideas, collaborated on the project with Fortune, a well-known media outlet.
Zhao and Bankman-Fried, who have been both allies and competitors in the industry, will be the subject of an in-depth examination of their interpersonal relationship in the documentary.
“I am especially excited regarding this project as we have exceptional access to dynamic storytellers who were a part of developing the drama between these two figures,” Stephen Levinson, executive producer of Unrealistic Ideas, said in a statement.
THE DOCUMENTARY WILL OFFER A 360-DEGREE ANALYSIS
Fortune editor-in-chief Alyson Shontell stated that this documentary will offer viewers an in-depth, 360-degree analysis of the entire FTX sagadespite the fact that some aspects of this story have already been covered in articles and on social networks.
“It is an honor to join forces with Unrealistic Ideas and their renowned storytelling skills to bring this important story to life,” said Alyson.
The abrupt collapse of the FTX in November 2022 was one for the pages of history, shaking the entire industry and dragging down the prices of cryptocurrencies.
Zhao, however, was at the epicenter of FTX’s failure. The Binance CEO declared his intention to sell the company’s holdings in FTT, the native FTX token, in November.
According to him, they made the decision as part of the “post-departure risk management“, which was guided by the information that had come to light regarding FTX. Furthermore, he added, Binance I would not support individuals who oppose other participants in the cryptocurrency industry. These comments sparked a major bank run.
Changpeng Zhao has also agreed to participate in the documentary, along with other industry leaders, to provide a comprehensive overview of the relationship between Bankman-Fried and Zhao, the two cryptocurrency titans.
The story of SBF and CZ, as well as what actually transpired between the two entrepreneurs, has captivated the imagination of people inside and outside of the cryptocurrency industry.
Therefore, it is not surprising that large production companies want to create films and documentaries regarding her. Even though At the moment, the release dates of the documentary are unknown.many members of the cryptocurrency community are enthusiastic regarding the concept and eagerly await its release.