Netflix Documentary on Crypto Scam Sparks Community Outcry

The long-awaited premiere of a Netflix documentary about the strange death of the founder of the once-popular cryptocurrency firm QuadrigaCX took place recently. The tragedy of a developer who disappeared in an unknown direction, taking with him the keys to wallets valued more than $ 250 million, sparked outrage within the crypto community.

What is The Plot of the Movie?

If you still want to see the movie, here’s a quick glimpse with no spoilers. The film, which received a rather dramatic title “Trust No One: The Hunt for the Crypto King”, is based on the rather mysterious death of the founder of the already defunct QuadrigaCX exchange. The movie tells how the head of the trading platform “drained” the accounts of all his users, after which he fled to India, where he allegedly died.

A young man starts his own cryptocurrency exchange, which quickly gains a large following of users. The number of clients expanded at a breakneck pace, but he soon found himself in dire straits. As a result, his transaction is on the edge of failing. That isn’t all, though. The founder passes away unexpectedly at this point.This revelation enrages investors, who begin to think that his death isn’t what it appears to be.

What Do People Think?

The crypto community recalls how, following the disappearance of QuadrigaCX’s founder, numerous high-profile criminal prosecutions were launched. Several investigations were begun at the time, looking into the facts of the digital asset theft as well as where and how the criminal departed.

According to a previously issued statement from Netflix, the documentary Trust No One: The Hunt for the Crypto King was made to uncover some of the specifics of a years-old “high-profile case.” According to the numerous user comments, most of them were eagerly anticipating the “great secret” to be revealed, hoping that Netflix would have reliable information concerning both the money embezzlement and the crypto-villain.

“I saw the movie while working out at the gym the other day. Are you serious, guys? Spending so much money to discuss the death of QuadrigaCX’s founder from so-called Crohn’s disease? Have you attempted to obtain a doctor’s consultation prior to filming? “He would absolutely tell you that Crohn’s illness kills people very rarely,” one Twitter user remarked.

The film was labeled as “crazy narrative” by another crypto aficionado. He approached Netflix with the idea of digging up QuadrigaCX’s grave and realizing they were wasting their time creating a documentary tale.

“I was a QuadrigaCX client. I stored quite a few coins on this exchange and actively participated in the auction. I eventually grew tired of the “glitches” in several of the platform’s functions. I took a cursory look at QuadrigaCX’s fairly dismal metrics and quickly withdrew all of my funds; I did it. “It’s a shame that other customers didn’t do this,” writes one of the exchange’s ex-clients, “whom Netflix now wants to make believe in the death of a man who defrauded them of millions of dollars.”

Documentary Details

Many of Mike Oltoff’s friends, including himself, had cameo appearances in the documentary, according to Mike Oltoff, creator and CEO of Coin card: “It’s strange to see so many of my friends in the film, but they all did a fantastic job! It’s odd, but I also appeared in this documentary as a background character in one of the Patrina videos.”

Most viewers agreed with conspiracy theories that the company’s founder faked his death in order to get away with millions of dollars worth of clients’ cryptocurrency.

The Bottom Line

Despite Netflix’s assurances that a complete investigation into the “high-profile” attack from many years ago will be conducted in order to make a high-quality and intriguing film by right, the crypto community did not respond as favourably as the creators hoped.

So, based on the large number of evaluations from individuals who were able to see Trust No One: The Hunt for the Crypto King, it appears that the majority of viewers were dissatisfied. Most often, netizens accused Netflix of shooting the film on command, thereby backing the official account of the investigation into the death of QuadrigaCX’s founder, which is, at the very least, dubious.