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Netflix Releases Trailer for 'The Altruists' Miniseries on FTX Collapse
Key points
- Netflix released trailer for 'The Altruists' miniseries.
- Series covers FTX's rise and fall, streams November 19.
- Stars Anthony Boyle as Sam Bankman-Fried, Julia Garner as Caroline Ellison.
- Focuses on Bankman-Fried and Ellison's relationship and business practices.
Netflix Announces FTX Miniseries Release
Netflix has released the trailer for 'The Altruists,' an eight-episode miniseries detailing the history of the cryptocurrency exchange FTX. The series is scheduled to premiere on November 19, bringing the story of FTX's collapse to a wider audience.
Key Figures Portrayed
The miniseries features Anthony Boyle in the role of Sam Bankman-Fried, the founder of FTX, and Julia Garner as Caroline Ellison, co-founder of Alameda Research. The trailer highlights their initial meeting and Ellison's influence on the company's operations, particularly her "all in" mentality.
Background of FTX and Alameda Research
Sam Bankman-Fried founded FTX with Gary Wang, offering crypto exchange and hedge fund services. FTX originated within Alameda Research, a trading firm co-founded by Bankman-Fried and Ellison. The two reportedly shared an interest in "effective altruism," believing in high-income jobs to fund charitable donations.
FTX's Collapse and Legal Aftermath
FTX, once a major cryptocurrency exchange with a daily trading volume of $10 billion, collapsed rapidly in 2022. This followed a liquidity crisis and the disappearance of $8 billion in customer funds. Caroline Ellison testified that Bankman-Fried directed her to use customer funds for property, political donations, and Alameda Research. Bankman-Fried was convicted of seven counts of fraud and conspiracy in late 2023, receiving a 25-year prison sentence, with a recent appeal denied.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Netflix has released a trailer for its upcoming eight-episode miniseries, 'The Altruists,' which chronicles the rise and fall of the cryptocurrency exchange FTX. The series, starring Anthony Boyle as Sam Bankman-Fried and Julia Garner as Caroline Ellison, will begin streaming on November 19. This production highlights the significant public interest in the FTX scandal and its founders.