Netflix to run a crypto Bonnie and Clyde docu-series

Ilya ‘Dutch’ Lichtenstein and Heather ‘Razzlekhan’ Morgan or the ‘crypto Bonnie and Clyde’ will be the next subject of a Netflix documentary series revolving around the BTC laundering scandal in 2016. 

The largest streaming company based in the United States announced the documentary three days after the couple was arrested in their apartment in Manhattan last February 8, 2022. 

In the press released by Netflix on February 11, the docu-series will be directed by Chris Smith, the same director responsible for documentaries including Fyre: The Greatest Party That Never Happened and Tiger King. Both series were positively welcomed by Netflix audiences. 

The series will be produced alongside executive producer Nick Bilton who’s responsible for shows like Fake Famous, The Inventor: Out for Blood in Silicon Valley and American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road.

Netflix has yet to release any details about the series including the airing date and potential cast members. However, the streaming site’s go signal for the documentary assures audiences that it’ll be produced in the coming months or by next year.

The plot will revolve around the aforementioned couple and their involvement in one of the biggest crypto heists of the previous decade. This series ordered by Netflix was brought about by the demand of audiences for stories revolving around the tech world, most especially the failures and frauds of the industry. 

Lichtenstein and Morgan were accused of hacking the servers of crypto platform Bitfinex back in 2016. Evidence shows that an unnamed hacker allegedly transferred 119,756 BTC assets to a wallet connected to the couple. 

This led to their attempt to launder the assets through a complicated process of crypto transactions including buying gold and NFTs.  

An approximate value of US$4.5 billion BTC assets was stolen by the couple from the crypto exchange. According to press time, over US$3.6 billion has been confiscated by US law enforcement authorities. This is dubbed as the biggest financial seizure of the US Department of Justice (DOJ).

During the sweep of the couple’s apartment, a plastic bag filled with burner phones were found under their bed. 

The couple awaits trial for laundering nearly 120,000 BTC but were denied bail by the court per the argument of the prosecutor that they are a flight risk. 

Recently, different streaming platforms are also planning to release shows related to the tech industry. 

Aside from Netflix, HBO also ordered a series called Doomsday Machine which features the political and social minefields of Facebook and its creator, Mark Zuckerberg.

Meanwhile, Hulu will also be releasing a forthcoming series called The Drop Out. The trailer for the failed blood-testing start-up called Theranos was dropped by the streaming service around the first week of February. 

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