Former FTX COO Slams Netflix's New Show 'The Altruists' Trailer: It Made Me Physically Sick

BlockBeats news, October 10: Former FTX Chief Operating Officer Constance Wang on Friday criticized Netflix's upcoming FTX-themed series "The Altruists," saying that watching the trailer made her "physically vomit." She believes that the show's portrayal of the FTX collapse, founder Sam Bankman-Fried (SBF), and former Alameda Research CEO Caroline Ellison is severely inconsistent with her firsthand experience.

Wang said that FTX had fewer than 200 employees at the time, and many people worked 16 to 18 hours a day with almost no sleep. She also refuted the narrative that the FTX collapse was caused by executives indulging in parties in the Bahamas, saying that what she saw while working at the company was completely different. She also pointed out that the trailer's portrayal of Ellison is too aggressive, saying that in reality Ellison is quiet and gentle, and that most employees did not know she was dating SBF until after FTX went bankrupt.

Wang joined FTX as COO in early 2019 and was promoted to co-CEO months before the company's collapse. She said the FTX collapse ruined many people's lives, while Netflix turned this tragedy into a love story, and she bluntly called it "shameful." "The Altruists" has 8 episodes and is scheduled to premiere on Netflix on November 19.