What's he up to: Sam Bankman-Fried met with The Big Short writer during house arrest

According to reports, the famous literary agent met with the FTX founder for several hours.

Former FTX CEO and founder Sam Bankman-Fried, met with The Big Short best-selling author Michael Lewis at his parents' home in California, where he remains under house arrest while awaiting the trial against him.

According to a report by the New York Post, the cryptocurrency investor spent several hours with the famous writer talking about the latest twist in Bankman-Fried's life that would include how he went from being a 30-year-old billionaire to facing a trial that could end in a sentence of up to 115 years in prison.

Lewis is believed to have been working on the FTX founder's story even before financial irregularities were detected, as the famous writer was seen on several occasions with the young investor, and even traveled with him several times.

However, it was not until after the collapse of the cryptocurrency company that news leaked that the literary agent was already pitching the film rights of the book to potential buyers.

"Michael hasn't written anything yet, but the story has gotten too big for us to wait," agent Matthew Snyder said in an email obtained by The Ankler, and published a few weeks ago.

Will you make a profit?

It should be noted that it is not yet known whether Bankman-Fried will receive any financial benefit if the alleged book about his life were to be made into a movie, since studios generally do not have to pay to obtain the rights to the lives of public figures, especially if they are not trying to make a fictional adaptation. But there have already been cases of convicted criminals receiving studio payments in order to avoid lawsuits.

Bankman-Fried was arrested in the Bahamas just two weeks ago and extradited to the United States to face several charges such as wire fraud, violation of political campaign finance laws, money laundering and embezzlement, amongst other things.

The FTX founder's case will be handled by 78-year-old Judge Lewis A. Kaplan, who has previously worked high-profile trials such as the civil suit against Kevin Spacey and Prince Andrew.