BlockBeats News, May 30th, Netflix announced the release of an 8-episode limited series "The Altruists" about the FTX scandal, which will be produced by the production company Higher Ground founded by former U.S. President Barack Obama and Michelle Obama. The series tells the story of two young idealists who attempt to rapidly reshape the global financial system and end up involved in a conspiracy to misappropriate around $8 billion. FTX founder Sam Bankman-Fried is sentenced to 25 years in prison for fraud, and former CEO of Alameda Research, Caroline Ellison, is sentenced to 2 years. (The Block)
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