Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO

Constance Wang, the former chief operating officer of FTX and co-CEO of FTX Digital Markets, said watching the trailer for "The Altruists" made her "physically throw up. " Premiering on November 19, "The Altruists" is an eight-episode series dramatizing the rise and fall of the cryptocurrency exchange under former CEO Sam Bankman-Fried.

"The Altruists," a series about the rise and fall of crypto exchange FTX, will debut on Netflix. Former FTX staffers are calling Netflix's new show about the company's collapse more fiction than fact. Constance Wang, the former chief operating officer of FTX and co-CEO of FTX Digital Markets, said watching the trailer for "The Altruists" made her "physically throw up. "Premiering on November 19, "The Altruists" is an eight-episode series dramatizing the rise and fall of the cryptocurrency exchange under former CEO Sam Bankman-Fried. Bankman-Fried is now serving a 25-year prison sentence for fraud after siphoning away billions from FTX customers. Caroline Ellison, who previously led FTX's affiliated crypto trading firm, Alameda Research, pleaded guilty to fraud and conspiracy and also served time in prison for her role in the scheme. The show is called "The Altruists" because the pair initially said they were members of the effective altruism movement, which advocates earning as much money as possible to help improve the world. "I was COO from before FTX even had a name, it was my baby, and I was the last one out of the Bahamas after Sam got extradited.

Skip to main contentCrypto NewsOct 20, 2026, 8:40 a.m. EDT1 min readWall Street signs (Lo Lo/Unsplash)SummaryMicrosoft, Alphabet and Goldman Sachs are among seven additional companies objecting to tokenized versions of their shares trading on OKXICE, bringing the disclosed total to 16 issuers. The objections underscore a challenge for the Securities and Exchange Commission’s tokenized-stock framework, which allows issuers to block venues from offering blockchain-based versions of their shares. OKXICE plans to offer round-the-clock, stablecoin-settled trading of tokens backed one-for-one by shares and carrying equivalent dividend and voting rights. Microsoft MSFT, Alphabet (GOOG, GOOGL) and Goldman Sachs (GS) have objected to having tokenized versions of their shares traded on OKXICE, adding to issuer resistance against the planned stock-trading venue from crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE). The companies appear among seven additional objecting issuers in the joint venture’s updated public notice dated Oct. 19. Qualcomm (QCOM), Caterpillar (CAT), McDonald’s (MCD) and Western Digital (WDC) also joined the list.

The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation. A wallet linked to the Drift Protocol hack sent about $61 million in Ether (ETH) to Tornado Cash, a service that obscures transaction trails. The wallet deposited 25,700 ETH to the cryptocurrency mixer over two hours on Tuesday after two months of inactivity, blockchain analytics platform Lookonchain said in an X post. The exploiter’s addresses held about 81,454 Ether, worth roughly $194 million, according to Arkham. Crypto mixers pool funds from multiple addresses and obscure fund trails, making tracing harder. Drift, a Solana-based decentralized exchange, reported about $295 million in losses from the April 1 hack. Drift said in June that a forensic investigation by cybersecurity firm Mandiant attributed the attack to UNC6862, a North Korean threat group. Drift opened claims and redemptions for DFX recovery tokens on Oct. 1. The tokens give affected users a claim on a recovery pool, which held about $3.1 million at launch and receives exchange revenue and any recovered funds.

Braze Class A shareholders to receive $47.50 in cash per share

At $5 million, a simple plan no longer cuts it. From state taxes to avoiding the inherited IRA "tax bomb," here are the wealth transfer moves experts recommend.