Netflix drops trailer for series based on FTX’s SBF and Caroline Ellison

What happened

Sam Bankman-Fried remains in federal prison following his 2023 conviction, while Caroline Ellison was released in January. Video streaming platform Netflix released a trailer for its eight-episode series about the lead-up to the collapse of cryptocurrency exchange FTX, centered on former CEO Sam “SBF” Bankman-Fried and his colleague and girlfriend, Caroline Ellison, who headed the company’s sister arm, Alameda Research. Netflix is based in Los Gatos, and its products and services include streaming media.

In a Thursday X post, Netflix showed footage from the upcoming series to be released on Nov. 19 “about the love scorned prodigies behind the FTX scandal.”

The series, starring Anthony Boyle as Bankman-Fried and Julia Garner as Ellison, seemed to focus on the idea that “going all-in every time is the mathematically optimal strategy,” likely referring to the crypto exchange’s high-risk investments using user funds. “Lying isn’t bad for a good cause,” said Garner as Ellison in the trailer. The line echoes Ellison’s testimony at Bankman-Fried’s 2023 criminal trial, when she said he believed rules against lying and stealing did not necessarily apply to effective altruism.

Key facts

• Video streaming platform Netflix — released: a trailer for its eight-episode series about the lead-up to the collapse of cryptocurrency exchange FTX, centered on former CEO Sam “SBF” Bankman-Fried and his colleague and girlfriend, Caroline Ellison, who headed the company’s sister arm, Alameda Research
• In a Thursday X post, Netflix showed footage from the upcoming series to be — released: on Nov