Russo Brothers, Amazon team up for eight-part series about FTX Crypto Scandal

Russo Brothers and Amazon are coming together for a series about the FTX Crypto fiasco

PUBLISHED NOV 24, 2022

Anthony and Joe Russo attending the 'Black Panther' premiere and Sam Bankman-Fried, founder of FTX (Jesse Grant/Getty Images and Lam Yik/Getty Images)

LOS ANGELES, CALIFORNIA: Hollywood loves making projects on real-life people and incidents and it seems two of the biggest filmmakers in Hollywood right now have got an interesting story to tell to the viewers. ‘Avengers: Endgame’ helmers Anthony and Joe Russo are working on a series about the collapsed Bitcoin business and its founder Sam Bankman-Fried (SBF).

Founded in 2019, FTX quickly became one of the biggest crypto exchanges on the market. In the time period of just two years, the company had one million users and was the third-largest crypto exchange by volume. However, things started to go downhill in recent months, and in November 2022, the company filed for bankruptcy following a liquidity crisis. While the details of the matter are still coming out, it is believed that a lot of investors have sued FTX and its related Alameda Research. The rise and fall of FTX and its founder are quite intriguing and that’s the Russo Brothers are taking a chance to tell this riveting tale.

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CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)

According to The Hollywood Reporter, Joe and Anthony Russo’s production company AGBO is teaming up with Amazon for the series on the FTX founder. The report also indicates that ‘Hunters’ creator David Weil will write the first episode of the eight-part series while the Russo Brothers will be donning the director’s hat for the first episode. The series will be streaming exclusively on Amazon Prime Video.

Jennifer Salke, the head of Amazon Studios, is really excited about the partnership with the Russo Brothers and she can’t wait to work with them. She added, “We are excited to be able to continue our great working relationship with David, Joe, Anthony, and the AGBO team with this fascinating event series. I can’t think of better partners to bring this multifaceted story to our global Prime Video audience.”

<<The Russo Brothers visits The IMDb Show on April 23 2019 in Studio City, California. The episode airs April 18 2019.>> on April 23, 2019 in Studio City, California. — Joe and Anthony Russo on April 23, 2019 in Studio City, California. (Photo by Rich Polk/Getty Images for IMDb)

Meanwhile, the Russos believe that it is one of the most “brazen” frauds ever to be committed and they want to “understand” why such fraud took place. “This is one of the most brazen frauds ever committed. It crosses many sectors — celebrity, politics, academia, tech, criminality, sex, drugs, and the future of modern finance. At the center of it all sits an extremely mysterious figure with complex and potentially dangerous motivations. We want to understand why,” the Russos said in a statement.

As of now, no further details have been revealed from the Russo Brothers as well as Amazon.

The Russo Brothers shared a good relationship with Amazon as their next project, titled ‘Citadel’, will be premiering exclusively on Prime Video. The spy series stars Richard Madden as Citadel while Priyanka Chopra and Mason Kane also feature in pivotal roles.