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Cryptocurrency Scandal Docuseries by Tiger King Producer Coming to Netflix

crypblzu by crypblzu
February 12, 2022
in Cryptocurrency
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Cryptocurrency Scandal Docuseries by Tiger King Producer Coming to Netflix
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Followers of Netflix documentaries will likely be delighted to listen to that the streamer has a brand new documentary on the best way. The at the moment untitled undertaking will comply with the story of a pair — Ilya “Dutch” Lichtenstein and Heather Morgan — who allegedly tried to launder stolen cryptocurrency value billions of {dollars} in what’s now known as the largest felony monetary crime case in historical past. Whereas Morgan describes herself as a serial entrepreneur, Lichtenstein is a self-described coder, investor, and expertise entrepreneur. The pair’s alleged scheme gained nationwide and worldwide consideration once they had been arrested of their New York Metropolis house on Tuesday, February 8, 2022. As such, this announcement from Netflix is undeniably swift and well timed.

COLLIDER VIDEO OF THE DAY

The arrested couple now faces prices of conspiring to launder practically 120,000 Bitcoin. The Bitcoin in query has been tied to the 2016 hack of a digital forex alternate – Hong Kong’s Bitfinex. Lichtenstein allegedly transferred the stolen cryptocurrency to a digital pockets that he owned. Because of the cryptocurrency growth, the worth of stolen bitcoin elevated considerably, from $71 million on the time of the hack to almost $5 billion. Courtroom papers allege that the couple tried to liquidate the digital forex by buying gold, NFTs, $500 Walmart present playing cards, creating faux identities, and utilizing different diversified money-laundering strategies.

It’s unclear what angle the streamer will take for the documentary, however the legacy of the crew behind the undertaking undoubtedly instills confidence within the new docuseries. Chris Smith, who produced Tiger King and FYRE: The Greatest Party That Never Happened, is about to direct the upcoming documentary. He will even function an government producer alongside Nick Bilton, recognized for his involvement in Pretend Well-known, The Inventor: Out for Blood in Silicon Valley, and extra.


RELATED: Netflix Acquires Sundance Documentary’ Descendant’ With Former President Obama’s Higher Ground Company

From Tiger King to Operation Varsity Blues, Netflix has the documentary business on lock. The digital media firm has persistently put out a number of the finest documentaries of latest years and is at the moment having fun with renewed success with its Tinder Swindler. As such, the announcement that Netflix has one other documentary within the works is welcome information.

In the intervening time, the event of the documentary continues to be in its infancy. As such, the undertaking is at the moment untitled with no launch date on the books. Nevertheless, Collider can have updates as extra data on the documentary is launched, so make sure to examine again in for updates.



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Edidiong ‘Eddy’ Mboho is a author for Collider. Apart from writing, she’s a Marvel addict and a hopeful baker. She’s additionally a fake quizzer who yells at her display whereas watching Tipping Level and The Chase, and has satisfied herself she will do it higher.

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