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Netflix Announces Series About the $32 Billion FTX Collapse

Netflix is preparing a dramatic limited series about the collapse of FTX, one of the biggest scandals in the digital asset industry. The project is titled The Altruists and will consist of eight episodes. It is scheduled to arrive on the platform in the second half of 2026.

The series focuses on Sam Bankman-Fried and Caroline Ellison, the former heads of the connected companies FTX and Alameda Research. US authorities accused them of taking part in a scheme that misused around $8 billion in customer funds. For the crypto market, the case became a turning point, drawing attention far beyond traditional crypto circles, including audiences following online trading and casino eu platforms. FTX was valued at $32 billion before its bankruptcy, but its collapse revealed a multibillion-dollar gap in customer funds.

Cast and Production Team

The Altruists stars Julia Garner, known for Ozark and Inventing Anna, alongside Anthony Boyle, who will play Bankman-Fried. Graham Moore, the screenwriter behind The Imitation Game, and Jacqueline Hoyt serve as showrunners and executive producers. James Ponsoldt will direct the first episode and is also part of the executive production team. The series is produced by Higher Ground Productions, the company founded by Barack and Michelle Obama, which has a long-term first-look deal with Netflix.

The supporting and recurring cast includes Alex Lawther, Matt Rife, Madison Hu, Karan Soni, Eugene Yang, Naomi Okada, Hudson Williams, Jennifer Grey, Elizabeth Adams, Hannah Galway, William Mapother, Paul Reiser, Robin Weigert, Maddie Hasson, and Marianne Fung. The crypto community will likely pay particular attention to the appearance of Changpeng Zhao, with Terry Chen playing the Binance co-founder known as CZ. The project is based on reporting by New York Magazine.

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  • The Best Casino Movies of All Time From High-Stakes Drama to Stylish Thrillers
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    Netflix Announces Series About the $32 Billion FTX Collapse

    Netflix is preparing a dramatic limited series about the collapse of FTX, one of the biggest scandals in the digital asset ...
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