Solana’s Co-Founder Says Netflix’s FTX Trailer Was Worse Than He Expected
Solana co-founder Anatoly Yakovenko mentioned that the Netflix FTX collection fused three crypto founders into one particular person. By his account, the mix covers him, fellow co-founder Raj Gokal, and Ethereum co-founder Vitalik Buterin.
He shared the comment on X hours after the primary trailer dropped. Yet Netflix constructed the drama round Sam Bankman-Fried and Caroline Ellison, and no introduced solid member performs a Solana or Ethereum founder.
The Netflix FTX Series Centers on 2 Insiders, Not Blockchain Founders
Netflix confirmed the solid in a publish on X. Julia Garner performs Ellison, whereas Anthony Boyle portrays Bankman-Fried in The Altruists, which premieres November 19.
Graham Moore and Jacqueline Hoyt run the collection. Barack and Michelle Obama’s Higher Ground serves as a producer, and the scripts draw on New York Magazine reporting.
Solana additionally has its personal FTX historical past. Before 2022, FTX and its sister buying and selling agency, Alameda Research, ranked among the many community’s best-known backers.
Yakovenko didn’t say which character he meant. However, he opened his publish by saying the consequence was worse than he had anticipated.
Meanwhile, the actual Ellison has stored a low profile. She lately resurfaced in a quiet charity job below a distinct first title.
The title nods to efficient altruism, a motion that urges folks to earn cash and provides it away. Bankman-Fried publicly solid his profession as a option to fund that trigger.
In distinction, prosecutors mentioned Alameda took about $8 billion in FTX customer funds.
Industry Veterans Brace for a Glossy Retelling
Other trade figures reacted to the Netflix FTX collection in additional private phrases. Alex Thorn, head of firmwide analysis at crypto monetary agency Galaxy, admitted he’ll seemingly benefit from the dramatization.
Yet Thorn additionally referred to as the FTX collapse the worst expertise he has ever had in markets.
His blended emotions mirror a saga that has not ended. A New York courtroom sentenced Bankman-Fried to 25 years in jail in 2024. Now he has petitioned the Supreme Court to evaluation his fraud conviction.
As a consequence, the Netflix FTX collection arrives whereas the authorized story stays open. From November 19, viewers can take a look at Yakovenko’s declare for themselves.
FTX clients, nevertheless, needed to wait till 2025 for his or her first repayments. Their claims have been additionally valued at 2022 costs, though crypto has climbed since then. For lots of them, a shiny retelling of the collapse could also be far more durable to get pleasure from than for informal viewers.
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