Netflix Develops FTX Collapse Biopic Series

Netflix is in the early stages of developing a biopic series centered around the dramatic collapse of the FTX crypto exchange in 2022. The series will focus on key figures, including Sam Bankman-Fried, the founder and former CEO of FTX, and Caroline Ellison, his girlfriend and business associate. The project is being written by graham Moore, an Oscar-winning screenwriter known for his work on "The Imitation Game."

Julia Garner is reportedly in final negotiations to play Caroline Ellison in the series. Garner is an acclaimed actress, known for her performances in "Ozark" and "Inventing Anna," where she played a digital con artist and received an Emmy nomination. Her experience in portraying complex characters could add depth to her role as Ellison. Additionally, Garner may also take on the role of an executive producer for the series, although this has not been confirmed.

Evan Peters is also in talks to play the role of Sam Bankman-Fried. Peters is known for his roles in "American Horror Story" and "WandaVision," and has won awards for his previous work with netflix. The actor playing Bankman-Fried will be crucial, as the series is expected to use a love story as a framing device for its plot. However, it is important to note that no contracts have been signed, and the project is still in its very early stages.

The FTX collapse was one of the most dramatic events in financial history, and several studios were vying for the film rights shortly after the event. The Netflix series aims to provide a detailed account of the events leading up to the downfall of FTX, as well as the personal and professional lives of its key figures. The series is expected to explore the complex dynamics within FTX, including the relationships between Bankman-Fried and Ellison, and the broader implications of the crypto exchange's collapse.

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The biopic series will likely delve into the ethical and legal issues surrounding the FTX scandal, providing viewers with a comprehensive understanding of the events that unfolded. The development of this project highlights the growing interest in the FTX scandal and its impact on the crypto industry. However, it is important to remember that the project is still in its early stages, and nothing has been finalized.

In addition to the Netflix biopic, an animated web3 comedy series titled "Fortun3" is also in development. The series is loosely inspired by the implosion of FTX and will feature a character inspired by Sam Bankman-Fried. The animated series will offer a more lighthearted take on the scandal, using comedy to explore the complexities of the crypto world. The development of these projects underscores the enduring fascination with the FTX scandal and its implications for the future of the crypto industry.