In fact, Netflix ordered a film in regards to the huge crypto scandal – TechCrunch

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When information broke earlier this week that the Division of Justice had seized $3.6 billion of allegedly stolen bitcoin, we had some questions. What do these revelations imply about authorities intervention in crypto? Will this scandal affect the decentralized finance sphere within the longterm? Most significantly, which streaming service will order a documentary in regards to the Bonnie and Clyde of bitcoin?

At the very least one among our questions has been answered: in the present day, Netflix introduced that it’ll inform the story of what it calls “the largest felony monetary crime case in historical past” with the assistance of director Chris Smith, who introduced “FYRE: The Biggest Get together That By no means Occurred” and “Tiger King” to the streaming service. Smith will govt produce alongside Nick Bilton, who produced HBO’s documentary “The Inventor: Out for Blood in Silicon Valley” in regards to the failure of Theranos.

Just like the tales of Elizabeth Holmes and Billy MacFarland, Smith and Bilton have loads to work with right here. The alleged criminals Ilya “Dutch” Lichtenstein and Heather Morgan (who moonlights because the rapper Razzlekhan) have been arrested on Tuesday for conspiracy to launder almost 120,000 bitcoin, which is now price round $5 billion. Presently, the husband-wife duo awaits trial, however they weren’t launched on bail as a result of the prosecutor deemed them to be prone to fleeing. In keeping with Bloomberg, Lichtenstein stored a folder labeled “personas,” and there was a file on his laptop referred to as “Passport_ideas” with hyperlinks to pretend passports. The prosecutor added {that a} plastic bag labeled “burner telephones” was discovered below their mattress. You may’t make these things up, which is why based-on-a-true-story motion pictures maintain Hollywood shifting.

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