Former FTX COO slams trailer for Netflix's new series 'The Altruist': 'It made me physically nauseous'
1 hours ago
Former FTX Chief Operating Officer Constance Wang criticized Netflix’s upcoming FTX-themed series *The Altruists* in a Friday post, saying the trailer made her "physically nauseated". She argued that the show’s portrayal of FTX’s collapse, founder Sam Bankman-Fried (SBF), and former Alameda Research CEO Caroline Ellison is drastically inconsistent with her personal experience. Wang noted FTX had fewer than 200 employees at the time, with many working 16 to 18 hours daily and getting almost no sleep. She also pushed back against the narrative that FTX’s collapse stemmed from executives’ excessive partying in the Bahamas, stating the reality she witnessed at the company was far from that. Additionally, she pointed out the trailer’s depiction of Ellison is overly dramatic, noting the real Ellison is quiet and mild-mannered, and most employees didn’t know she was in a relationship with SBF until FTX went bankrupt. Wang joined FTX as COO in early 2019 and was promoted to co-CEO a few months before the firm’s collapse. She said FTX’s collapse ruined many people’s lives, but Netflix turned the tragedy into a love story, calling it "shameful". *The Altruists*, an 8-episode series, is set to premiere on Netflix on November 19.
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