A new bitcoin documentary

[OmegaStarScream]

I'm pretty sure most of you here remember what happened with Canada's largest exchange QuadrigaCX and the death of its owner but for those who don't, you can read this article[1]

Netflix has been working on a documentary about this case for quite some time, and we'll finally get to see it. It's coming out on the 30th of March[2][3].

[1] https://www.theguardian.com/technology/2019/feb/04/quadrigacx-canada-cryptocurrency-exchange-locked-gerald-cotten
[2] https://www.youtube.com/watch?v=vW2BPQ15OSw
[3] https://www.netflix.com/title/81349029

[mk4]

While the QuadrigaCX incident is definitely a very interesting story, Netflix sure know how to over-exaggerate and to focus a lot on the conspiracies of each story like with their real-life crime series. "The Hunt for the Crypto King". We've already had the Cryptoqueen, up next is the "Crypto Prince".

Regardless looks like a very interesting watch.

[Slow death]

Netflix has been working on a documentary about this case for quite some time, and we'll finally get to see it. It's coming out on the 30th of March

I hope they focused on showing the real facts, without exaggeration. I like netflix but their problem is that they exaggerate a lot in certain things. Anyway I'll watch it when it comes out, I just hope it's not exaggerated

While the QuadrigaCX incident is definitely a very interesting story, Netflix sure know how to over-exaggerate and to focus a lot on the conspiracies of each story like with their real-life crime series. "The Hunt for the Crypto King". We've already had the Cryptoqueen, up next is the "Crypto Prince".

Regardless looks like a very interesting watch.

I hope that in the exchange owner's death part they don't exaggerate and show a lot of blood, they really like to show a lot of blood and organs to fall in their movies, series and documentaries

[DdmrDdmr]

For those who can’t wait for the Netflix version on QuadrigaCX, this documentary came out at the end of last year, which I managed to watch recently:
Dead Man's Switch: A Crypto Mystery
 
Note that the above title entails a high degree of clickbait: Although the dead man’s switch theory is mentioned at some point, it seems to bear little weight, and there is no narrative in this version of the documentary to sustain it.

The story is interesting, depicting Gerry Cotten’s mysterious death during his honeymoon in India. Being an apparent control freak, he carried the weight of managing the Exchange in a very unipersonal manner, and this, without providing further spoilers, is one of the key parts of the mystery. Additionally, his prior associations to obscure profiles cast a further shadow of doubt in all this matter.

[Lucius]

I hope that in the exchange owner's death part they don't exaggerate and show a lot of blood, they really like to show a lot of blood and organs to fall in their movies, series and documentaries

Gerald Cotten did not die (allegedly) a violent death, but as a result of Crohn's disease, so I do not believe we will see such scenes. In addition, I do not know if anyone independently examined the body at all and how the story about the request for exhumation ended. What I am pretty sure of is that after this documentary we will not find out anything new from what is already available in the media.

I recently read that his widow wrote a book called "Love, Betrayal and the Missing Millions" and gave some interviews in which she tells her side of the story. It is possible that she will also be part of the documentary.

[OmegaStarScream]

The documentary is out for anyone who wants to watch it. Here's an (interesting?) ongoing discussion about it if you want to know more about it before watching:

https://www.reddit.com/r/CryptoCurrency/comments/ts307z/netflixs_new_documentary_on_crypto_propaganda/

[aoluain]

I read the OP in that reddit thread and it kind of backs up the first question I formed
in my head, How will Bitcoin be portrayed? and how will the average non-Bitcoiner
digest it

This documentary is a shameful attack on crypto

I will give it a watch because I know nothing of that exchange and everything
surrounding it, I'll see how it goes.

[TheNineClub]

I'm pretty sure most of you here remember what happened with Canada's largest exchange QuadrigaCX and the death of its owner but for those who don't, you can read this article[1]

Netflix has been working on a documentary about this case for quite some time, and we'll finally get to see it. It's coming out on the 30th of March[2][3].

[1] https://www.theguardian.com/technology/2019/feb/04/quadrigacx-canada-cryptocurrency-exchange-locked-gerald-cotten
[2] https://www.youtube.com/watch?v=vW2BPQ15OSw
[3] https://www.netflix.com/title/81349029

There's no bad publicity, right? Well, I would rather see some positive documentaries on the crypto subject than them focusing on the negative. I understand what sells views, but still, it seems to me that crypto would benefit from some positive publicity as it is still at a turning point and people that are still getting to know what crypto and BTC are, they are just getting the wrong impression.

[rdbase]

For those who can’t wait for the Netflix version on QuadrigaCX, this documentary came out at the end of last year, which I managed to watch recently:
Dead Man's Switch: A Crypto Mystery
 
Note that the above title entails a high degree of clickbait: Although the dead man’s switch theory is mentioned at some point, it seems to bear little weight, and there is no narrative in this version of the documentary to sustain it.

The story is interesting, depicting Gerry Cotten’s mysterious death during his honeymoon in India. Being an apparent control freak, he carried the weight of managing the Exchange in a very unipersonal manner, and this, without providing further spoilers, is one of the key parts of the mystery. Additionally, his prior associations to obscure profiles cast a further shadow of doubt in all this matter.

I originally thought they were the very same documentary on the subject.
Until I viewed the splash screen showing a clip of the one OSS mentions when I went to netflix (haven't logged into the app for awhile now) and have to say, they do look to be produced differently.
The one  you mention above seems to have been produced and funded by CBC which is the Canadian broadcasting corporation (governmently funded?) so not as styled as the one this topic is about.
The one on netflix seems to be targeted towards the audience of Mr.Robot with the flashy lighting and those who do not wish to be identified are wearing oversized teddy bear and fox masks.

Haven't watched either as I haven't had much time too but will in the near future.
Thanks OP for writing up something about it as this reminded me to put it on my watchlist.

[tbct_mt2]

I'm pretty sure most of you here remember what happened with Canada's largest exchange QuadrigaCX and the death of its owner but for those who don't, you can read this article

That case and the development, implementation of multi-signature wallet trigger a significant change on how exchanges, companies and group of people use wallets. They have changed from single-signature wallet to multi-signature wallet that means to approve one transaction, there are required co-signatures sign that one to make it done.

It is safer in terms of capital management in case of death and prevent compromise from hacks as well.

[nullama]

Thanks for sharing this, it was actually quite interesting to watch.

They tell the entire story of Quadriga, the founders, and what happened. This is a reminder yet again of not your keys, not your coins.

I wasn't aware of the details of the story, and I quite enjoyed the watch. Recommended.

[cheezcarls]

Although that this documentary spreads awareness about Bitcoin and cryptocurrencies, I am not a fan of watching crypto-related documentaries that are mostly negative or something bad about it. The first time that I’ve heard about this upcoming Netflix documentary was from my first cousin who forwarded me the link to my Messenger.

This also reminds me of the “Crypto” movie starring Luke Hemsworth and Kurt Russell which promotes bad stuff about Bitcoin, etc. I would rather watch something that is more positive and eye-opener like the upcoming NFT The Movie documentary featuring Kenn Bosak, Miguel Celis, etc.

[boyptc]

I have watched this netflix series.

So here's the summary of this docu according to what I've watched, so others can save their times.

- The first few minutes were about the friends of CEO of quadriga, Gerald Cotten describing of what type person he was.

- And then, there goes Tong, a guy that had took loan for buying different cryptos and then the 2018 nosedive came so he got a lot of debt with high interest loans that he got which has led him to sell his apartment for $400k.

- Again, this guy put himself in trouble by depositing all of the amount in Quadriga as there's a premium for deposit. He made it $500k and then immediately withdraw it but it took a long time and nothing has happened.

I feel bad for this guy, a very unfortunate guy and he's invested badly through his emotion and that's why he's got into this trouble. All of his life savings were gone and he still has to pay his debts.

- And then the bad news came about Gerald's death.

- While everyone was suspicious with his sudden death. An AMA thread from a Quariga employee started about his funeral and it seems that their suspicions about his death were correct.

- The community(telegram group) that has lost their funds started an investigation and gathered almost every info that they've got that includes their suspicion with her wife, Jen Robertson.

(This got me thinking that the death as they assumed fake, just made me remembered the last movie I've watched the "6 underground".)

- OSC(Ontario Securities Commission) said that quadriga wallet has sent many transactions to different exchanges abroad.

- Mike Patryn, co-founder who actually is connected to another guy, Omar Dhanani who's likely involved in laundering based on the research of some forumers.

- It turns out that Mike and Omar is the same person.

- Mike joins the community telegram group made by quadriga victims.

- Mike is connected to 'sceptre' through talkgold forum who ran scam investments too.

- Sceptre/Murdoch1337 turned out to be a member of another forum and someone has emailed a receipt to the investigative reporter with his order form, the name's Gerald Cotten.

- The Globe and Mail sent Nathan, an investigative reporter on the location where Gerald has died in India.

- Nathan, confirms that Gerald was dead due to cardiac arrest but no autopsy done.

- A last will testament has been made weeks before Gerald's death leaving all of his assets to Jen.

- Everyone thinks there's a foul play. While Jen changed her social media last name, three times.

- OSC found out that there's an account named Scepter Gerry and Gerald has been depositing fake assets on it with worth hundreds of millions, fiat and crypto.

- OSC figures out that it was Gerald manually crediting their users alone with their purchased/deposited bitcoins and that's why they've found the exchange trading bitcoin offshore into different other exchanges. Lost $150 million through the process and turned out it was a ponzi scheme through quadriga.

PS: No plagiarism intended.
Source: Netflix's : Trust No One: The hunt for the crypto king

[evilgreed]

               Qwell, that's Netflix for you. Always looking out for the best hype to gather as much audience as possible. Not that it's wrong, it's just that sometimes they tend to make small things become bigger whenever they do documentaries and I mean all of their documentaries. Regardless though, it's still interesting for me as a subscriber lol. I just hope they'd be more focus on bringing facts in their documentaries rather than exaggerating for the sake of having audiences.

[hugeblack]

Personally, I do not like documentaries, especially from Netflix, they always put their mark on the story, and therefore they may make small adjustments to the true story that make the criminal a hero and vice versa.

What is currently happening is that Bitcoin is not something they prefer, so I expect the documentary to be in the form of an indirect attack cryptocurrencies.

Note that the title itself suggests that “Trust No One: The Hunt For The Crypto King” and the story of the film is derived from the bankruptcy of a platform, which means that some have invested millions in the hope of making a profit and lost their investment, meaning that it will be related to profit more than concepts such as decentralization.

[acroman08]

While the QuadrigaCX incident is definitely a very interesting story, Netflix sure know how to over-exaggerate and to focus a lot on the conspiracies of each story like with their real-life crime series. "The Hunt for the Crypto King". We've already had the Cryptoqueen, up next is the "Crypto Prince".

Regardless looks like a very interesting watch.

I just stumbled upon the trailer on youtube and checked this board to see if someone posted something about it and now that you mention it, I agree, the conspiracies theories are what actually pique my interest in the documentary.

[DeathAngel]

I watched a bit of it today but it bored me so I didn’t watch it to the end. From what I watched, I think he definitely faked his death. I mean, the Indian death certificate even spelt his name wrong. Such a shame that he felt the need to exit scam like that. I feel for all the people who lost significant funds, I would have had a heart attack if I wasn’t able to withdraw.

[nullama]

I watched a bit of it today but it bored me so I didn’t watch it to the end. From what I watched, I think he definitely faked his death. I mean, the Indian death certificate even spelt his name wrong. Such a shame that he felt the need to exit scam like that. I feel for all the people who lost significant funds, I would have had a heart attack if I wasn’t able to withdraw.

Wrong name in the death certificate, signed a will leaving everything to his wife a couple of weeks before his death, wife was drinking and dancing the night of the funeral, closed casket so no one (except allegedly the wife) saw the body.

Looks extremely suspicious.

I still don't understand how they can't just follow the transactions. They said that basically people would put real assets into quadriga, and receive fake IOUs in the platform, while quadriga would widthraw the users' Bitcoin into other exchanges worldwide to sell. Well, why stop there, those other exchanges must have logs about those transactions. The documentary didn't say anything else about those.

[Webetcoins]

People love to gubble up stuff that would be great for the "against crypto" people. Another documentary about something that went bad, and it is even a netflix one as well. It is easy to predict that many people will watch this, and it is very bad that we are looking at something that will be seen as a bad light to crypto as well.

I feel like we should not be focusing on bad parts of the crypto world, there are so many good things about it as well. You won't see a documentary made about how 100+ million dollars were raised for Ukraine. I mean it "may" pass during something about that war in the future, but you won't see a documentary about that.

[Rikafip]

Although that this documentary spreads awareness about Bitcoin and cryptocurrencies, I am not a fan of watching crypto-related documentaries that are mostly negative or something bad about it.

Stories about bad stuff happening sells better, so no wonder that they will focus on negative stuff. After all, just look at the news and see what dominates.

Personally, I do not like documentaries, especially from Netflix, they always put their mark on the story, and therefore they may make small adjustments to the true story that make the criminal a hero and vice versa.
What is currently happening is that Bitcoin is not something they prefer, so I expect the documentary to be in the form of an indirect attack cryptocurrencies.

While I share your sentiment about Netflix documentaries, I just watched this one and like you I expected it to attack cryptocurrencies more, while imho they weren't harsh at all. Or at least i didn't take it as an attack on crypto.

I watched a bit of it today but it bored me so I didn’t watch it to the end. From what I watched, I think he definitely faked his death. I mean, the Indian death certificate even spelt his name wrong. Such a shame that he felt the need to exit scam like that. I feel for all the people who lost significant funds, I would have had a heart attack if I wasn’t able to withdraw.

I wasn't bored at all by it, maybe because I didn't follow that story closely and my prior knowledge about the case was from a few articles that I read right after story broke. That death certificate thing is nothing compared to some other suspicious things like Gerry Cotten’s profiles on dodgy websites, the will signed 2 weeks before death, then that serial scammer Michael Patryn/Omar Dhanani being involved from the early stages etc. After watching documentary I am not any smarter about what really happened, but I definitely don't believe the official story about him dying in India.

I still don't understand how they can't just follow the transactions. They said that basically people would put real assets into quadriga, and receive fake IOUs in the platform, while quadriga would widthraw the users' Bitcoin into other exchanges worldwide to sell. Well, why stop there, those other exchanges must have logs about those transactions. The documentary didn't say anything else about those.

Didn't that OSC guy say that Gerry essentially gambled with the money and lost $150 million by trading on those exchanges ans since he is dead, they can't press charges against him.