📢 FTX Hits Netflix! "The Altruists" Brings Crypto's Biggest Collapse to Your Screen! 🎬💔🍿
Get ready to binge-watch the crypto saga! Netflix just dropped major news: a new limited series, "The Altruists," will adapt the dramatic tale of the FTX crypto exchange collapse, starring big names Julia Garner and Anthony Boyle.
"The Altruists": Your Deep Dive into the FTX Downfall 🍿
Announced by Netflix on May 29, "The Altruists" promises an eight-episode journey into the heart of the FTX implosion. The series will explore how two "hyper-smart" young idealists aimed to revolutionize the global financial system, only to get entangled in an $8 billion debacle.
* Star-Studded Cast: Anthony Boyle is set to portray Sam Bankman-Fried (SBF), FTX's founder and CEO, while Emmy-winner Julia Garner takes on the role of Caroline Ellison, SBF's ex-girlfriend and former Alameda Research CEO.
* Behind the Scenes: Graham Moore, who co-showruns and executive produces, expressed his long-standing fascination with the narrative, collaborating with Higher Ground — the production company founded by Barack and Michelle Obama — to bring this compelling story to life.
The FTX Collapse: A Scar on Crypto History 📉
The dramatic fall of FTX in November 2022 sent shockwaves through the entire crypto industry:
* It served as a stark wake-up call for the ecosystem, highlighting the critical need for greater transparency and robust controls.
* The incident devastated investor confidence, triggering a significant crypto trust crisis across the board.
* It spurred profound changes in the sector, prompting regulators and exchanges worldwide to re-evaluate and tighten crypto platform operating systems.
* Both SBF and Caroline Ellison were convicted of fraud and related charges in November 2023, marking a decisive legal outcome.
Timely Repayments: A New Chapter for FTX Creditors ✅
In a significant development, FTX began principal creditor repayments starting yesterday, May 30, 2025, utilizing its substantial $11.4 billion cash reserves.