Netflix actually is in fraud mode proper now.
The likes of Inventing Anna, The Tinder Swindler and Unhealthy Vegan have all taken a microscope to numerous schemers in latest weeks – however the streamer’s newest documentary tells its most surprising story of potential deception but.
We are saying ‘potential deception’ as a result of the criminality of its topic, Gerald Cotten, stays unproven to today. Belief No One: The Hunt for the Crypto King charts the rise and fall of Cotten’s cryptocurrency alternate, QuadrigaCX, which collapsed – together with $190 million of buyer holdings – following its founder’s unexplained demise in 2018.
Was Cotten murdered? Did he pretend his personal demise and steal the cash? Does his spouse have one thing to do with the case? These are all questions Netflix’s newest true-crime characteristic tries (and, in the end, fails) to reply, which make its mere 90-minute runtime so absorbing.
Try the trailer for Belief No One: The Hunt for the Crypto King beneath:
That feature-length period additionally means the brand new Netflix documentary qualifies for a spot on the streamer’s weekly record of largest motion pictures. In its first week of launch, Belief No One raked in over 12 million viewing hours, making it the third-biggest film on the streaming service over the previous seven days.
These numbers can’t fairly compete with fellow Netflix documentaries The Tinder Swindler and Unhealthy Vegan: Fame. Fraud. Fugitives. – the previous earned 45.8 million views in its first week of launch, whereas the latter raked in 26.96 million – however they’re nonetheless an indication that audiences are nonetheless serious about real-life tales that show stranger than fiction.
Peril in passwords
What’s extra, everyone seems to be saying the identical factor about Belief No One: The Hunt for the Crypto King. Cryptocurrency as a medium of alternate stays murky – the promoting level, and simultaneous pitfall, of the know-how is its independence from any central authority.
In Netflix’s newest story of woe, the titular cryptocurrency tycoon, Gerald Cotten, takes the passwords to his empire with him to his grave, leaving $190 million locked away within the digital ether (in a determined try to recuperate his losses, one investor loses his life financial savings).
Audiences have due to this fact responded with elevated skepticism in direction of cryptocurrency as a technique of funding – “‘not your keys, not your cash” is the previous adage being bandied round social media following the documentary’s launch.
Everybody wants to look at this, I watched final evening and was blown away 🚨Belief nobody: The hunt of the crypto king on #NetflixRemember not your keys, not your cash 🔑 pic.twitter.com/TcqYJF4YakApril 2, 2022
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“Watched Belief No One: The Hunt for the Crypto King on Netflix and it simply struck my thoughts that these exchanges can disappear with our cash and nothing will occur,” one Twitter person (opens in new tab) wrote.
“Belief No One on Netflix is the rationale I don’t spend money on crypto or the inventory market on the whole,” mentioned one other (opens in new tab).
It’s clear, then, that the streamer’s newest true-crime characteristic is one more cautionary story – this time, not towards relationship websites or unscrupulous restaurateurs, however the digital inventory market as a harmful gamble.
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