SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction

Published at: Dec. 28, 2022

Members of the crypto community published their sentiments on social media in response to the former FTX CEO Sam Bankman-Fried’s reportedly meeting with Michael Lewis, the writer of the popular trading-focused film, The Big Short. 

With a potential blockbuster film seemingly on the way, community members called out Bankman-Fried’s antics, from describing the meeting as “absurd” to saying that Lewis should also be investigated.

In a tweet, a community member mentioned that this could be an attempt to cover for criminals and “control the narrative” through a book. Meanwhile, Bitcoin advocate Nic Carter suggested that Lewis also needs to be investigated, as the writer shadowed Bankman-Fried for six months without detecting anything suspicious.

Goldbug Peter Schiff also commented on the issue. According to Schiff, if Bankman-Fried is the source of the story, it will be a “work of fiction.” The American stock broker suggested that Lewis should piece together what truly happened by speaking to more reliable sources.

Some members of the community are already comparing the film’s content with other films. A member of the community thinks that the movie might be another Wolf of Wall Street but with “gross, ugly people” while another said that it’s only watchable if Bankman-Fried would drop some names and “they all go down.” Meanwhile, one Twitter user believes it doesn’t have the same potential as The Big Short. They wrote:

While some are worried about movie content, others focus on finances. A community member floated the idea of Bankman-Fried paying what is owed to FTX users through profits from the potential blockbuster film. 

Related: US Department of Justice probing $372M FTX exploit: Report

Days after Bankman-Fried was released on bail, Alameda Research wallet addresses showed movements. Some of the funds were converted into Bitcoin (BTC) using decentralized exchanges like FixedFloat and ChangeNow, platforms that are often used by exploiters to hide the routes of their transactions.

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