Bitconned was released on Netflix on January 1 and has already received an impressive 100 percent positive rating on review aggregator Rotten Tomatoes.
The series chronicles the cryptocurrency craze of the late 2010s and focuses specifically on the 2017 Centra Tech scandal, a company that operated in Florida.
Directed by Bryan Storkel, also known for The Legend of Cocaine Island, it stars real-life businessman Ray Trapani, who openly brags that he cooked up the whole scam.
In the documentary he said: ‘Crypto (was) just this new, undiscovered territory, completely unregulated by the SE. Every time you come across a market like that, you just have to figure out how to exploit it.”
Fans were shocked by Ray’s outspokenness, with viewers describing the Netflix original as “insane and wild.”
Bitconned was released on Netflix on January 1 and has already received an impressive 100 percent positive rating on review aggregator Rotten Tomatoes
The evil mastermind behind all this is Ray Trapani, who never served time in prison for his crimes
Sam Sharma, Raymond Trapani and Robert Farkas were at the center of the massive Miami scam
One user said: ‘Bitconned is ridiculous’, and another said it was ‘the craziest documentaries (they’ve seen in a while)’.
A more scathing viewer thought: ‘Bitconned on Netflix glorifies scams because he is a criminal who is protected by the government because he clicked.
‘And I wonder what the intention is to make such documentaries in such a way. As if you turn the villain into some kind of anti-hero.’
Others were more concerned that viewers would fall prey to such scams: ‘Bitconned is actually the wildest documentary on Netflix right now. Just a reminder: crypto is a scam.”
Another had trust issues after finishing the series: “GM! I just watched Bitconned on Netflix and now I don’t trust any of you!’
One user came to the sad realization: ‘Once you have charisma and can talk, you’re already halfway there… #Bitconned’.
More positive reviewers claimed: ‘Oh yeah, that Bitconned doc was fire’ and ‘Bitconned on Netflix was a good watch’.
But some were not so happy afterwards: ‘Bitconned on Netflix p***** me off. I didn’t need the show to remind me of the painful truth that bad people can still win.”
Fans were shocked to the core by Netflix documentary Bitconned
There were more who were shocked by how “brazen” the scam was.
Others commented on how ‘sad’ it was that ‘so many people are gullible’, while another thought the show was a ‘crazy watch’.
In the ‘wild’ documentary, Trapani explains: ‘But it didn’t matter at all. …. We lied, we cheated, we brazenly made millions of dollars.
Despite being out for less than a month, it has achieved a 100 percent rating on Rotten Tomatoes.