Amazon Beats Apple TV And Netflix To Produce FTX Scandal Series

Last Updated on 26 November 2022 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

As from the moment that the FTX scandal started to spread, there was a lonely tweet suggesting a movie to be made about Sam Bankman-Fried (SBF) and his fall from grace. The tweet suggested that Jonah Hill, most famous for his role as Donnie Azoff in the Wolf of Wall Street, would play SBF because of the likeness of the two men.

Two weeks later and Amazon has just beaten Netflix and Apple TV to the punch to film an 8-part series about FTX. Given that newspapers are constantly reporting about SBF and his life in the Bahamas, it is clear there is great public interest.

FTT and CZ

As you know, FTX was founded in 2019 only and thanks to smart investing became one of the biggest and most well-known cryptocurrency exchanges worldwide. However, when it was reported that sister company Alameda Research was stuffing it’s books with the FTT coin’s value, the whole house of cards quickly crumbled. Changpeng Zhao, also known as CZ, the CEO of Binance, offered to bail them out at first. But when Binance did some due diligence, they pulled out of the deal and the value of FTT collapsed.

Some $2 billion in customer funds are reportedly missing and the FBI is said to be investigating Sam Bankman-Fried, also known as SBF, the former CEO and co-founder of FTX.

Joe and Anthony Russo’s production company, who also made the Captain America and Avengers movies, is handling all details.

This is one of the most brazen frauds ever committed, the Russo brothers explained. It crosses many sectors—celebrity, politics, academia, tech, criminality, sex, drugs, and the future of modern finance. At the center of it all sits an extremely mysterious figure with complex and potentially dangerous motivations. We want to understand why.

Streaming giants Netflix and Apple TV apparently also tried to get the rights to the story, but were beaten to the punch by Amazon studios.

aa-w / Depositphotos.com