CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO

Cointelegraph logo

Published on

Add as a preferred source on Google
Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO

Constance Wang criticized the streamer’s portrayal of her former FTX colleagues as not matching her own experience with Sam Bankman-Fried and Caroline Ellison.

Former FTX COO Constance Wang said she was upset by the upcoming Netflix drama’s depiction of the collapse of the exchange and its portrayal of some of the top executives.

“The first 30 seconds were enough to upset me,” so “I stopped watching,” Wang told Cointelegraph during an episode of the Chain Reaction X spaces show published on Monday.

Wang said the Netflix trailer’s depiction of some former FTX executives made her “feel physically upset,” adding that the portrayal of Alameda Research CEO Caroline Ellison didn’t match her personal experience. She explained that former FTX co-founder and CEO, Sam Bankman-Fried, was also more “socially awkward” than his Netflix portrayal.

Wang served as COO of FTX, which grew into one of the world’s largest cryptocurrency exchanges before collapsing in November 2022 due to customer fund misappropriation, causing an $8.9 billion shortfall in customer funds. FTX’s sister company, quantitative trading firm Alameda Research, used FTX customer funds that Bankman-Fried transferred without consent to fund Alameda’s trading losses, now referred to as the Alameda gap.

Netflix released the trailer for the eight-episode series about FTX’s collapse in early October. The drama series, titled The Altruists, will premiere globally on Nov. 19, 2026, according to the streaming platform’s announcement.

Following FTX’s collapse, Wang in early 2025 founded Pacifica, a crypto trading platform initially launched as a Solana-based perpetual futures decentralized exchange.


Source link
Related Topics:Web3 & Blockchain

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.