{"id":482817,"date":"2025-05-30T15:19:16","date_gmt":"2025-05-30T14:19:16","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=482817"},"modified":"2025-05-30T16:21:48","modified_gmt":"2025-05-30T15:21:48","slug":"ozark-star-julia-garner-to-play-caroline-ellison-in-obama-netflix-miniseries-on-ftx-collapse","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ozark-star-julia-garner-to-play-caroline-ellison-in-obama-netflix-miniseries-on-ftx-collapse\/","title":{"rendered":"Ozark star Julia Garner to play Caroline Ellison in Obama Netflix miniseries on FTX collapse"},"content":{"rendered":"<p>Netflix has green-lit an <a href=\"https:\/\/hypebeast.com\/2025\/5\/anthony-boyle-julia-garner-netflix-ftx-series-the-altruists-cast-announcement\">eight-episode limited series<\/a> titled <em>The Altruists<\/em>, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried.<\/p>\n<p>The show, produced under Barack and Michelle Obama\u2019s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and Anthony Boyle as Bankman-Fried.<\/p>\n<figure id=\"attachment_482827\" aria-describedby=\"caption-attachment-482827\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-482827 \" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-30-at-15.32.35-1024x808.jpg\" alt=\"Boyle & Garner (Source: Wikipedia)\" width=\"630\" height=\"497\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-30-at-15.32.35-1024x808.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-30-at-15.32.35-300x237.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-30-at-15.32.35-768x606.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-30-at-15.32.35.jpg 1480w\" sizes=\"(max-width: 630px) 100vw, 630px\" \/><figcaption id=\"caption-attachment-482827\" class=\"wp-caption-text\">Boyle & Garner (Source: Wikipedia)<\/figcaption><\/figure>\n<p>The narrative will chart FTX\u2019s meteoric rise to a peak valuation of thirty-two billion dollars in January 2022, the exposure of the customer shortfall, and Bankman-Fried\u2019s eventual <a href=\"https:\/\/cryptoslate.com\/billions-in-user-funds-were-lost-crypto-community-reacts-to-sbf-guilty-verdict\/\">conviction<\/a> in March 2024.<\/p>\n<p>It will also explore the brief romance and professional <a href=\"https:\/\/cryptoslate.com\/caroline-ellison-sentenced-to-24-months-in-prison-for-her-role-in-ftx-collapse\/\">partnership<\/a> between Bankman-Fried and Ellison, whose shared belief in effective altruism framed their actions as ostensibly mission-driven even as fraud mounted.<\/p>\n<p>There is obvious interest in how SBF will be portrayed in the series. Will he be shown to be a <a href=\"https:\/\/cryptoslate.com\/is-sbf-a-superhero-villain-or-simply-misunderstood-by-the-crypto-community\/\">flawed altruist<\/a> (as the title may suggest) or as a criminal mastermind, hellbent on defrauding investors and retail crypto investors alike?<\/p>\n<p>Higher Ground might also have to navigate the optics of its founders\u2019 political ties, especially in light of Bankman-Fried\u2019s bipartisan campaign donations.<\/p>\n<h2>What we know so far<\/h2>\n<h3>Casting<\/h3>\n<ul>\n<li><strong>Anthony Boyle<\/strong> (<em>Masters of the Air<\/em>) portrays Sam Bankman-Fried, recently sentenced to twenty-five years in US federal prison.<\/li>\n<li><strong>Julia Garner<\/strong> (<em>Ozark<\/em>, <em>Inventing Anna<\/em>) takes on Caroline Ellison, who cooperated with prosecutors and received a two-year sentence.<\/li>\n<\/ul>\n<h3>Creative team<\/h3>\n<p>Oscar-winning screenwriter <strong>Graham Moore<\/strong> (<em>The Imitation Game<\/em>) and veteran showrunner <strong>Jacqueline Hoyt<\/strong> (<em>The Good Wife<\/em>) will steer the writers\u2019 room. The pilot is set to be directed by <strong>James Ponsoldt<\/strong> (<em>The Spectacular Now<\/em>), whose reputation for character-driven storytelling fits the project\u2019s ambition to balance boardroom tension with personal drama.<\/p>\n<h3>Production timeline<\/h3>\n<ul>\n<li>Filming window: July \u2013 October\u00a02025 in Vancouver, Canada.<\/li>\n<li>Post-production and launch: A 2026 premiere is considered likely, aligning with Netflix\u2019s existing true-crime slate.<\/li>\n<\/ul>\n<h3>Key numbers<\/h3>\n<ul>\n<li><strong>8 billion USD<\/strong> in misused customer funds (court filings).<\/li>\n<li><strong>32 billion USD<\/strong> peak valuation at FTX\u2019s Series C round.<\/li>\n<li><strong>25 years<\/strong> \u2013 Bankman-Fried\u2019s sentence (28\u00a0March\u00a02024).<\/li>\n<li><strong>2 years<\/strong> \u2013 Ellison\u2019s sentence (24\u00a0September\u00a02024).<\/li>\n<li><strong>8 episodes<\/strong> commissioned by Netflix.<\/li>\n<\/ul>\n<p>With casting confirmed and pre-production underway, location scouts are finalising Vancouver stand-ins for FTX\u2019s former Nassau headquarters and crypto conference venues. The writers\u2019 room convenes in June, and an initial outline is said to emphasize the tension between philanthropic intent and unchecked hubris.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, produced under Barack and Michelle Obama\u2019s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and [&hellip;]<\/p>\n","protected":false},"author":1264,"featured_media":482842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76799,107,39,77968],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ozark star Julia Garner to play Caroline Ellison in Obama Netflix miniseries on FTX collapse<\/title>\n<meta name=\"description\" content=\"Produced by Higher Ground, the series aims to explore the tension between effective altruism and rising fraud at FTX.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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