Netflix has announced the preparation of a series about the collapse of the FTX cryptocurrency exchange and its founder Sam Bankman-Fried (SBF). According to ForkLog, Emmy nominee Julia Garner will play Caroline Ellison, CEO of Alameda Research, while the search for an actor to portray SBF is ongoing. The project will highlight the dramatic events of 2022 when FTX, valued at $32 billion, collapsed due to accusations of fraud and misappropriation of $8 billion of client funds.
The series, based on journalistic investigations, will reveal the story of the rise and fall of the 'crypto king', his political connections, and the trial that resulted in a 25-year prison sentence in 2024. The plot promises to combine elements of drama, financial machinations, and human tragedies, as at least three FTX clients committed suicide. The project will also touch on the impact of the exchange's collapse on the cryptocurrency market.
Filming is scheduled for 2025, and the series could become a hit due to the popularity of the cryptocurrency theme. Subscribe to #MiningUpdates to not miss new details!
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