On Tuesday, the news of one of the largest money laundering schemes in history captivated the world, not so much because of the crime itself—which involved $4.5 billion in bitcoin and is, yes, a huge deal—but rather because of the couple accused of carrying it out. They’re the crypto equivalent of Bonnie and Clyde, and Netflix wants you to know everything there is to know about them and their alleged plot.
Ilya “Dutch” Lichtenstein and Heather Morgan, who were arrested this week for a purported conspiracy to launder 119,754 bitcoin linked to the 2016 hack of Bitfinex, one of the world’s largest cryptocurrency exchanges, were commissioned a documentary series in just three days.
The story’s appeal was obvious, given Hollywood’s recent obsession with stories about failures, fraud, and bad behavior in the tech world. Furthermore, how often do you run into a (bad) rapper like Morgan, whose stage name is “Razzlekhan,” who slams everything from the coronavirus to AirPods?
“Netflix has ordered a documentary series about a married couple’s alleged scheme to launder billions of dollars in stolen cryptocurrency in the world’s largest criminal financial crime case,” the company announced on Friday.
Chris Smith, who has directed documentaries about failure and fraud, will direct the docuseries. He directed FYRE: The Greatest Party That Never Happened, a Netflix documentary about the ill-fated FYRE festival, which defrauded investors and stranded hundreds of attendees on an island. Smith was also the executive producer of the Tiger King documentary TV series.
Netflix hyped up the drama surrounding Lichtenstein and Morgan’s alleged wrongdoing in its announcement.
“As the value of the stolen Bitcoin soared from $71 million at the time of the hack to nearly $5 billion,” the company said, “the couple allegedly tried to liquidate their digital money by creating fake identities and online accounts, as well as buying physical gold, NFTs, and other assets–all while investigators raced to track the money’s movement on the blockchain.”
The documentary series’ release date has yet to be announced by Netflix.