WHOOPS Sam Bankman-Fried testified before Congress in May. (Tom Williams/CQ-Roll Call, Inc via Getty Images)

In this release:

  • The full CAA email reveals Michael Lewis‘ It’s about the next book Sam Bankman-Fried With at least one plot point focusing on competing with Binance Changpeng Zhao

  • The role of a former CAA agent (and Elon Musk my friend) Michael Kives with Bankman-Fried

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With the amazing collapse of cryptocurrency While Exchange FTX still ripples through the financial markets, the entertainment industry moved over the weekend with a more pressing concern: Who will get the rights to this story?

Now we know at least part of how it plays out. The city was abuzz Saturday after an email leaked revealing it Michael Lewis – the most talented and successful non-fiction writer working today – was with the founder of FTX Sam Bankman-Fried over the past six months and has made the collapsing cryptocurrency exchange the focus of his next book. Anklets got the email from a CAA agent Matthew Snydersent first Friday to potential buyers (CAA did not immediately return a request for comment). The email reveals this not a single word of the book was written still but, well, things just can’t wait:

Email from Snyder:

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In August, Lewis hinted his new book interview with Financial News.

“I don’t really want to say what I’m writing about,” he said, “But I’ve found a character to write about—it’s strangely relatable. Flash Boys, Big Short and Liar Poker.

“I think it could be framed as a crypto book, but it won’t be a crypto book. It will be about a really unusual character. You will learn all about cryptocurrency and what is disrupting the market structure in the US and more.

Binance for account holders, the world’s largest cryptocurrency exchange, agreed to take over FTX, the second-largest cryptocurrency exchange, earlier last week after FTX failed to process customer withdrawals amid panic over the combined meddling of both crypto markets and Bankman-Fried. of assets between FTX and its hedge fund. In a shocking twist, Binance pulled out of the deal, citing a “corporate due diligence” that set the stage for FTX’s bankruptcy filing and Bankman-Fried’s resignation as CEO.

FTX has a one-time value of $32 billion and has significant ties to the entertainment industry. Then – spouses Tom Brady and Gisele Bundchenas well as Larry DavidUnforgettably, he acted in many funny places in the company. Steph Curry and Naomi OsakaMore in the same way money was given to the endorsers.

So are industry insiders there is They speculated about the impact of the FTX bankruptcy on one of their own: a former CAA agent Michael Kives.

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