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FIGR_HELOC $1.07 Netflix releases FTX drama trailer featuring SBF, Caroline Ellison
The upcoming eight-episode limited series 'The Altruists' premieres Nov. 19 and dramatizes the 2022 FTX collapse.
Key takeaways
- Series premieres Nov. 19. The eight-episode 'The Altruists' launches on Netflix on Nov. 19.
- SBF sentenced to 25 years. Sam Bankman-Fried was convicted on seven fraud counts and sentenced to 25 years in federal prison.
- Ellison released in January. Caroline Ellison completed a two-year sentence and was released from federal custody in January.
What happened
On Oct. 8, Netflix published a trailer for its upcoming limited series 'The Altruists' via its official X account. The eight-episode show dramatizes the 2022 collapse of cryptocurrency exchange FTX, focusing on former FTX CEO Sam Bankman-Fried and Caroline Ellison, who led the exchange's affiliated trading firm Alameda Research. Anthony Boyle plays Bankman-Fried, while Julia Garner portrays Ellison. The trailer includes a line from Ellison's character stating 'Lying isn't bad for a good cause,' which matches testimony Ellison gave during Bankman-Fried's 2023 criminal trial.
Why it matters
The series draws from public court records and testimony from Bankman-Fried's 2023 criminal trial, where he was found guilty on seven felony fraud and conspiracy counts. He was sentenced to 25 years in federal prison and ordered to forfeit more than $11 billion. Ellison pleaded guilty to related charges, testified against Bankman-Fried at trial, and was released from federal custody in January after serving a two-year sentence. The show is co-produced by Higher Ground, the production company founded by former U.S. president Barack Obama and former first lady Michelle Obama.
What the data shows
- The eight-episode series is scheduled to premiere on Netflix on Nov. 19, 2026.
- The Department of Justice found Bankman-Fried stole more than $8 billion from FTX customers and defrauded investors of over $1.7 billion.
- As of October 2026, Bankman-Fried had pending motions for a presidential pardon from Donald Trump and a request for the U.S. Supreme Court to overturn his conviction.
- Ellison agreed to a 10-year ban from serving as an officer or director at public companies as part of her plea deal.
Questions readers ask
When does the Netflix FTX series come out?
The eight-episode limited series 'The Altruists' premieres on Netflix on Nov. 19, 2026.
What is the Netflix FTX series called?
The series is titled 'The Altruists' and dramatizes the collapse of the cryptocurrency exchange FTX.
How long was Caroline Ellison's prison sentence?
Ellison received a two-year sentence for her role in the FTX collapse and was released from federal custody in January 2026.
What happened to Sam Bankman-Fried after FTX collapsed?
Bankman-Fried was convicted on seven felony fraud counts in 2023, sentenced to 25 years in federal prison, and ordered to forfeit more than $11 billion. As of October 2026, he has pending motions for a presidential pardon and a Supreme Court appeal of his conviction.
