2 weeks ago
Netflix has green-lit an eight-episode constricted bid titled The Altruists, a dramatization of the eight-billion-dollar illness of crypto speech FTX and the downfall of its co-founder, Sam Bankman-Fried.
The show, produced nether Barack and Michelle Obama’s Higher Ground banner, volition prima Julia Garner (3x Emmy winner) arsenic erstwhile Alameda Research main enforcement Caroline Ellison and Anthony Boyle arsenic Bankman-Fried.
The communicative volition illustration FTX’s meteoric emergence to a highest valuation of thirty-two billion dollars successful January 2022, the vulnerability of an eight-billion-dollar lawsuit shortfall, and Bankman-Fried’s eventual condemnation successful March 2024.
It volition besides research the little romance and nonrecreational concern betwixt Bankman-Fried and Ellison, whose shared content successful effectual altruism framed their actions arsenic ostensibly mission-driven adjacent arsenic fraud mounted.
There is evident involvement successful however SBF volition beryllium portrayed successful the series. Will helium beryllium shown to beryllium a flawed altruist (as the rubric whitethorn suggest) oregon arsenic a transgression mastermind, hellbent connected defrauding investors and retail crypto investors alike?
Higher Ground mightiness besides person to navigate the optics of its founders’ governmental ties, particularly successful airy of Bankman-Fried’s bipartisan run donations.
Casting
- Anthony Boyle (Masters of the Air) portrays Sam Bankman-Fried, precocious sentenced to twenty-five years successful US national prison.
- Julia Garner (Ozark, Inventing Anna) takes connected Caroline Ellison, who cooperated with prosecutors and received a two-year sentence.
Creative team
Oscar-winning screenwriter Graham Moore (The Imitation Game) and seasoned showrunner Jacqueline Hoyt (The Good Wife) volition steer the writers’ room. The aviator is acceptable to beryllium directed by James Ponsoldt (The Spectacular Now), whose estimation for character-driven storytelling fits the project’s ambition to equilibrium boardroom hostility with idiosyncratic drama.
Production timeline
- Filming window: July – October 2025 successful Vancouver, Canada.
- Post-production and launch: A 2026 premiere is considered likely, aligning with Netflix’s existing true-crime slate.
Key numbers
- 8 cardinal USD successful misused lawsuit funds (court filings).
- 32 cardinal USD highest valuation astatine FTX’s Series C round.
- 25 years – Bankman-Fried’s condemnation (28 March 2024).
- 2 years – Ellison’s condemnation (24 September 2024).
- 8 episodes commissioned by Netflix.
With casting confirmed and pre-production nether way, determination scouts are finalising Vancouver stand-ins for FTX’s erstwhile Nassau office and crypto league venues. The writers’ country convenes successful June, with an archetypal outline said to stress the hostility betwixt philanthropic intent and unchecked hubris.
The station Ozark prima Julia Garner to play Caroline Ellison successful Obama Netflix miniseries connected FTX collapse appeared archetypal connected CryptoSlate.
English (US) 