A documentary is reportedly being made on the contentious relationship between Sam Bankman-Fried and Changpeng Zhao, founder of Binance, which will trace the events that led up to the downfall of FTX.
What Happened: According to The Hollywood Reporter, the production is a partnership between media outlet Fortune and Unrealistic Ideas, a non-scripted production company co-founded by actors Mark Wahlberg, Stephen Levinson and Archie Gips.
Twitter On Roast Mode: The news of the documentary brought out the sarcastic best among many tweeters.
One user mimicked Bankman-Fried's one-word response in December after FTX collapsed.
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Magic Eden NFT’s Twitter said, “why do i feel like this won’t be anything like transformers.”
To this, a Twitter user responded:
Idk, SBF transformed a lot of gains into losses— Coolman's Universe February 1, 2023
Some other hilarious responses were:
Should be a movie instead of a documentary.— Block Brands (@blockbrands) February 1, 2023
It would be like The Wolf of Wallstreet but with League of Legends tournaments instead of sick parties.
Why It Matters: Zhao and Bankman-Fried have exchanged verbal blows in the past, in the run-up to FTX's spectacular collapse last year which was exacerbated after Binance dumped all its holdings of native FTX tokens FTT/USD.
Reports in November said that "Moneyball author Michael Lewis was following Bankman-Fried for the last six months and could have a book in the works.
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Photos via Web Summit on Flickr and US Senate On Wikimedia Commons
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