Netflix To Do a Series About The $4.5 Billion Bitcoin Laundering Couple

A man watching Netflix on TV.
A man watching Netflix on TV.

The case of the New York couple that was allegedly trying to launder $4.5 billion of stolen Bitcoin in a 2016 hack will be turned into a docuseries on Netflix, the streaming company said Friday.

The announcement comes just three days after the couple, Ilya “Dutch” Lichtenstein and Heather “Razzlekhan” Morgan were arrested in their lower Manhattan apartment.

According to The Department of Justice, $3.6 billion in Bitcoin were seized at the time of the arrest. The sum was a part of the alleged scheme — the largest financial seizure in DOJ history.

The streaming company said the series on the couple will be directed by Chris Smith. The director has previously helmed the Netflix Series “FYRE: The Greatest Party That Never Happened,” about the fraudulent Fyre Festival, and was executive producer of the company’s Covid pandemic smash hit “Tiger King.”

The news comes amid a huge interest by Hollywood for stories about failures and frauds in the tech industry. This week, HBO started a series based on Facebook called “Doomsday Machine”. The series will portray Sheryl Sandberg and will be played by “The Crown” star Claire Foy, and Mark Zuckerberg and “chronicling the political and social minefields Facebook has navigated on its relentless quest for growth.

Streaming platforms race to depict tech failures

Meanwhile, Hulu has also published a trailer for its forthcoming series about the infamous Theranos called “The Drop Out”, while Apple dropped a trailer for the WeWork-inspired series “WeCrashed.”