Netflix has green-lit an eight-episode restricted sequence titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto trade FTX and the downfall of its co-founder, Sam Bankman-Fried.
The present, produced beneath Barack and Michelle Obama’s Larger Floor banner, will star Julia Garner (3x Emmy winner) as former Alameda Analysis chief government Caroline Ellison and Anthony Boyle as Bankman-Fried.
The narrative will chart FTX’s meteoric rise to a peak valuation of thirty-two billion {dollars} in January 2022, the publicity of the shopper shortfall, and Bankman-Fried’s eventual conviction in March 2024.
It can additionally discover the temporary romance {and professional} partnership between Bankman-Fried and Ellison, whose shared perception in efficient altruism framed their actions as ostensibly mission-driven whilst fraud mounted.
There’s apparent curiosity in how SBF shall be portrayed within the sequence. Will he be proven to be a flawed altruist (because the title could recommend) or as a legal mastermind, hellbent on defrauding buyers and retail crypto buyers alike?
Larger Floor may additionally should navigate the optics of its founders’ political ties, particularly in mild of Bankman-Fried’s bipartisan marketing campaign donations.
What we all know thus far
Casting
- Anthony Boyle (Masters of the Air) portrays Sam Bankman-Fried, lately sentenced to 25 years in US federal jail.
- Julia Garner (Ozark, Inventing Anna) takes on Caroline Ellison, who cooperated with prosecutors and acquired a two-year sentence.
Artistic staff
Oscar-winning screenwriter Graham Moore (The Imitation Recreation) and veteran showrunner Jacqueline Hoyt (The Good Spouse) will steer the writers’ room. The pilot is about to be directed by James Ponsoldt (The Spectacular Now), whose repute for character-driven storytelling matches the challenge’s ambition to steadiness boardroom pressure with private drama.
Manufacturing timeline
- Filming window: July – October 2025 in Vancouver, Canada.
- Put up-production and launch: A 2026 premiere is taken into account seemingly, aligning with Netflix’s current true-crime slate.
Key numbers
- 8 billion USD in misused buyer funds (court docket filings).
- 32 billion USD peak valuation at FTX’s Collection C spherical.
- 25 years – Bankman-Fried’s sentence (28 March 2024).
- 2 years – Ellison’s sentence (24 September 2024).
- 8 episodes commissioned by Netflix.
With casting confirmed and pre-production underway, location scouts are finalising Vancouver stand-ins for FTX’s former Nassau headquarters and crypto convention venues. The writers’ room convenes in June, and an preliminary define is alleged to emphasise the strain between philanthropic intent and unchecked hubris.
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