[Netflix Releases Trailer for FTX-Themed Series, Focusing on SBF and Caroline Ellison] According to Golden Finance, on October 9, Netflix released the trailer for an eight-episode series that tells the story leading up to the collapse of the cryptocurrency exchange FTX. The series focuses on former CEO SBF and his colleague and girlfriend, Caroline Ellison, who was the head of FTX's sister company, Alameda Research. The series is set to premiere on November 19, with Anthony Boyle playing SBF and Julia Garner portraying Ellison. The trailer emphasizes that 'going all-in on math every time is the optimal strategy,' seemingly alluding to FTX's use of customer funds for high-risk investments. In the trailer, Garner's Ellison says, 'Lying for a good cause isn’t bad,' echoing Ellison's testimony during her 2023 trial. She stated that SBF believed rules against lying and stealing did not necessarily apply to effective altruism, a philosophy advocating for doing the most good possible, including accumulating wealth to donate to charitable causes. After FTX's collapse and bankruptcy, SBF, Ellison, and related individuals were indicted in December 2022. Ellison pleaded guilty and cooperated with prosecutors by testifying in court, while SBF chose to stand trial. He was convicted on seven counts of fraud and sentenced to 25 years in prison. As of October, he remains in federal prison, seeking a pardon from President Trump and appealing to the Supreme Court to overturn his conviction. Ellison was released in January.
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