Netflix’s FTX Drama: Obama-Produced Series on Crypto Collapse

Netflix’s FTX Drama: Obama-Produced Series on Crypto Collapse
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Netflix is producing an eight-episode limited series titled *The Altruists*, dramatizing the $8 billion collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, backed by Barack and Michelle Obama’s Higher Ground, stars Julia Garner and Anthony Boyle in lead roles. The series will explore FTX’s rise, fraud exposure, and the complex relationship between Bankman-Fried and Caroline Ellison.

  • The series will explore the tension between FTX’s 'effective altruism' branding and its fraudulent practices.
  • Bankman-Fried’s bipartisan political donations may influence how the Obamas’ production company navigates the story’s optics.
  • The creative team includes Oscar-winning writer Graham Moore (*The Imitation Game*) and director James Ponsoldt (*The Spectacular Now*).
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