According to The Block, Netflix will release an 8-episode limited series called "The Altruists" to recreate the FTX fraud case, produced by Higher Ground Productions, founded by the Obama couple. The drama stars Julia Garner as Caroline Ellison, former CEO of Alameda Research, in "The Fictional Anna," and Anthony Boyle as SBF, founder of FTX, in "The Guinness Family.
The plot focuses on the process of two idealists, SBF and Ellison, attempting to reshape the global financial system but ultimately misappropriating $8 billion. SBF was sentenced to 25 years in prison last year for fraud, and Ellison was sentenced to 2 years in prison. The script was jointly written by Graham Moore, the screenwriter of "The Imitation Game," and Jacqueline Hoyt, the producer of "Underground Railroad." The production team stated that the details of the case have become a "three-year daily research topic" for the team.