The Altruists Netflix Release Date November 19: Watch the FTX Series Trailer

The rise and fall of FTX remains one of the most dramatic stories in modern financial history. Now, that story is heading to the small screen. Netflix has released the first trailer for its upcoming limited series, The Altruists. 

The show explores the complex relationship between Sam Bankman Fried and Caroline Ellison. It promises a deep look into how two young idealists built an empire that eventually collapsed. 

The streaming giant has set the global premiere date for November 19. Here is everything you need to know about the upcoming FTX series.

Key Takeaways

• The Altruists premieres on Netflix on November 19.
• The eight episode series stars Anthony Boyle and Julia Garner.
• The show explores the relationship behind the FTX collapse.

The Altruists Trailer & Cast

Netflix dropped the official trailer on October 8. It quickly gained traction online, generating 4.2 million views within seven hours. The trailer introduces the intense dynamic between the two main characters.

The Altruists Netflix cast features Anthony Boyle as Sam Bankman Fried and Julia Garner as Caroline Ellison. The supporting cast includes Hudson Williams, Paul Reiser, and Jennifer Grey. 

Barack and Michelle Obama serve as executive producers through their company, Higher Ground Productions.

The trailer highlights the philosophy that drove the pair. At one point, Garner as Ellison says, "Lying isn't bad for a good cause." This line reflects the concept of effective altruism. 

It suggests that rules against lying and stealing might not apply if the end goal is doing the most good possible.

Read also: FTX Release $900 Million as Payouts Top $10 Billion: Impact on Market

What Is The Altruists About?

This is a true crime limited series inspired by real events. It draws from reporting by New York Magazine. The story follows two ambitious young people who set out to reshape the global financial system.

Creator Graham Moore stated that he believes both Sam and Caroline were deeply committed altruists from day one. They wanted to do as much good for as many people as possible. Over the years, with the best intentions, they talked each other into committing terrible crimes. 

Co-showrunner Jacqueline Hoyt added that the two almost dared each other into building an enormous company. That company ultimately tore an 8 billion dollar hole in FTX. Netflix describes it as a toxic love story inspired by a real fraud.

The Real Life Legal Saga

The show arrives as the real life legal proceedings continue. Sam Bankman Fried was convicted in November 2023 on seven felony counts related to fraud. 

He was sentenced to 25 years in prison. He remains in federal custody. He continues to deny committing fraud and has pending motions requesting a presidential pardon.

Caroline Ellison took a different path. She entered a guilty plea and cooperated with prosecutors. She testified against Bankman Fried during his trial. 

She was given a 24 month sentence and was released from federal custody in January. The Second Circuit upheld Bankman Fried's conviction in June.

Read also: Sam Bankman Fried Warms Up to Trump: Will He Be Pardoned?

When Does The Altruists Release on Netflix?

The Netflix crypto collapse series release date is officially set for November 19. The show is a limited series consisting of eight episodes. All episodes will be available for streaming globally on that date.

The series aims to provide a three dimensional look at the characters. Moore told the actors not to do impressions of the real people. Instead, they focused on creating compelling characters. The result is a narrative that explores how good intentions can lead to catastrophic outcomes.

FAQ

When does The Altruists release on Netflix?

The series premieres globally on November 19.

Is The Altruists based on a true story?

Yes. It is based on the real events of the FTX collapse and reporting by New York Magazine.

How many episodes is the Netflix FTX show?

The limited series consists of eight episodes.

Who plays Sam Bankman Fried in the Netflix FTX series?

Anthony Boyle portrays Sam Bankman Fried. Julia Garner plays Caroline Ellison.

Who are the executive producers of The Altruists?

Barack and Michelle Obama executive produce through Higher Ground Productions.

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