Tue. Apr 16th, 2024

The scandal of the then third largest cryptocurrency exchange in the world, FTX, will become a series on Amazon. The tech giant that competes with Netflix in streaming services has ordered an 8-episode production to be helmed by the directors of Marvel’s “Avengers” franchise. The information was revealed by Varietywho said that the Russo brothers to direct and produce the series about the collapse of FTX, with his studio AGBO. According to information, the brothers Joe and Anthony Russo, directors of “Avengers: Endgame” and several other successful Marvel movies, would have sold the idea to Amazon. The series will be written by David Weil, previously associated with Amazon’s Hunters and Solos and Apple TV+’s Invasion.

We are excited to continue our excellent working relationship with David, Joe, Anthony and the AGBO team on this exciting series of events.”

world-class actors

The Russo brothers are already in the negotiation process with some actors from Marvel movies to invite them to participate in the series, which will be based on information published by journalists who covered the case.

…there have been conversations with various Marvel actors the Russos have worked with in the past about joining the show in major roles, but all of those conversations are preliminary at this time.”

According to the Russo brothers, the exceptional nature of the FTX takedown is what caught their attention:

“This is one of the most shameful frauds ever committed. It stands at the crossroads of many industries: celebrities, politics, investigation, technology, crime, sex, drugs, and the future of modern finance.”.

the russo brothers

Anthony and Joe Russo, the directing brothers behind the Marvel epics, have an indisputably stellar track record within the Cinematic Universe. They ended a successful career that began with Captain America: The Winter Soldier and ended with one of the biggest box office hits of all time, Avengers: Endgame. No wonder Amazon, and everyone else, is eager to work with them. And Joe and Anthony Russo told Variety that they need a serious break from superheroes (or at least Marvel superheroes).

The FTX scandal

Directed by Sam Bankman-Fried (SBF), one of the most respected figures in the cryptocurrency industry, FTX was until recently considered the third largest cryptocurrency exchange on the market. In January, the company received $400 million from Softbank and other investors to reach a valuation of $32 billion. However, it all went downhill when FTX suddenly suspended withdrawals, and Binance CEO Changpeng Zhao announced on Twitter that the exchange had “asked for help.” FTX’s problems only came to light after a CoinDesk report revealed that the company could run out of liquidity. The discovery raised questions about FTX and Alameda’s financial exposure to FTT, the exchange’s token that cannot be easily converted to cash. With customers unable to make withdrawals and the pressure mounting, the company filed for bankruptcy, creating real chaos in the cryptocurrency market. More than a million people were left with money stuck on the platform and bitcoin price fell 30%. The case is still ongoing, and clients do not understand what will happen in the future. But as far as the Russo brothers are concerned, everything will become clear.

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By Farwa Raza

Farwa Raza is a writer who specializes in news articles. She has been writing on wttspod.com for over one years, and during that time she has written over 100+ articles on various topics ranging from politics to entertainment. Her goal as an author is to provide readers with the latest news stories while also providing her own opinion on them.