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‘Avengers’ Directors to Make Series About FTX Scandal

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The scandal of the then third largest cryptocurrency exchange in the world, FTX, will become a series on Amazon. The technology giant that competes with Netflix in streaming services ordered an 8-episode production to be directed by the directors of Marvel’s “Avengers” franchise.

The information was revealed by Variety, which said that the Russo brothers will direct and produce the series about the collapse of FTX, with their AGBO studio.

Brothers Joe and Anthony Russo, directors of “Avengers: Endgame” and several other successful Marvel films, would have sold the idea to Amazon.

The series will be written by David Weil, formerly associated with Hunters and Solos from Amazon and Invasion from Apple TV+.

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

Actors from Marvel

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

“… there were discussions with several Marvel actors the Russos have worked with in the past about joining the show in major roles, but all of those talks are preliminary at this point.”

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 . She is at the crossroads of many industries – celebrity, politics, research, technology, crime, sex, drugs and the future of modern finance.”

Russo Brothers

Anthony and Joe Russo, the director brothers behind Marvel epics, have a record undisputedly stellar within the Cinematic Universe.

They ended a successful streak that began with Captain America: The Winter Soldier and ended with one of the biggest blockbusters of all time, Avengers: Endgame.

No wonder Amazon – and everyone else – is eager to working 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

Led by Sam Bankman-Fried (SBF), one of the most highly regarded figures in the crypto industry, FTX until recently was considered the third largest cryptocurrency exchange in the market.

In January, the company received US$ 400 million from Softbank and other investors to reach a valuation of US$ 400 billion.

However, it all went downhill when FTX suddenly suspended withdrawals, and the Binance CEO Changpeng Zhao announced on Twitter that the exchange had “asked for help”.

The FTX problems only surfaced after a CoinDesk report revealed that the company could be out of liquidity.

The discovery raised questions about FTX and Alameda’s financial exposure to FTT, the exchange’s token that cannot readily be converted into cash.

With clients unable to do so withdrawals and pressure increasing, the company filed for bankruptcy, creating real chaos in the cryptocurrency market.

More than a million people were left with money trapped in the platform and the price of bitcoin fell 400%.

The case is still ongoing, with clients not quite understanding what will happen in the future. But as far as the Russo brothers are concerned, everything will be clarified.