Netflix’s series about the FTX fiasco has found its leading effective altruists

Anthony Boyle astatine the Disney Plus BAFTA TV Awards reception successful May 2025. | Photo: Getty Images

Like Amazon and Apple, Netflix is besides looking to currency successful connected the communicative of however Sam Bankman-Fried and Caroline Ellison managed to bargain billions from the FTX cryptocurrency exchange.

Variety reports that Anthony Boyle (Tetris, Manhunt) and Julia Garner (Ozark, The Fantastic Four: First Steps) person been formed successful Netflix’s upcoming play bid The Altruists arsenic Bankman-Fried and Ellison. Executive produced by Graham Moore and Jacqueline Hoyt (who volition besides showrun the series), The Altruists will recount however Bankman-Fried, FTX’s erstwhile CEO, and Ellison, the erstwhile caput of FTX’s sister cryptocurrency trading firm, Alameda Research, enriched themselves by defrauding FTX’s investors. Netflix has ordered 8 episodes for the series, and James Ponsoldt (Shrinking, Running Point) is attached to nonstop the premiere.

Netflix describes the bid arsenic being astir “two hyper-smart, ambitious young idealists who tried to remake the planetary fiscal strategy successful the blink of an oculus — and past seduced, coaxed, and teased each different into stealing $8 billion,” which sounds accurate, if a spot aggrandizing. Presumably, the amusement volition screen however some Bankman-Fried and Ellison yet coiled up being sentenced to 25 and 2 years successful prison, respectively. And if The Altruists really wants to beryllium seen arsenic a serious, thoughtful portion of storytelling that isn’t conscionable mythologizing its cardinal felons, it should astir apt interaction connected however hard Bankman-Fried is now pushing for Donald Trump to springiness him a pardon. 

(Disclosure: The Altruists is a coproduction by Higher Ground Productions and New York Magazine/Vox Media Studios.)

Correction, May 29th: An earlier mentation of this nonfiction incorrectly stated that Bankman-Fried pleaded blameworthy to the charges against him. He pleaded not blameworthy earlier helium was subsequently sentenced to 25 years.