Topic: Bitconned (Read 83 times)

Yeah, bitconnect would be at least more surreal to watch.

I forgot to mention that sentencing. He was facing 100+ years in proson so it almost seems like he used some mob connections. He obviously didn't learn anything, he was ordered to pay $2.9 million to his victims, and somehow he had still luxury cars, and bought a house. This whole documentary got me seriously pissed off. He was bragging trough he whole document that he always wanted to be a criminal, how he scams people and how he wanted to exploit others.

So by ratting out his closest friends he ended up being only one no serving time. Even though he was the mastermind behind the whole scam. Unbeliveable.

I also happened to have watched this documentary in a free movie streaming site which I can easily access here in my country. At first, it would be the story behind Bitconnect but then when I started to view the whole thing it was the story of the people behind the Centra scam which I unfortunately also promoted as a bounty participant back on those years when ICO was the rage all over crypto. This move should be opening our eyes on how easy it would be to start a project and use even fictitious people or figures just to convinced people to shell out money with the hope to get good returns on their investments. Centra also got famous personalities like DJ Khaled, Floyd Mayweather, and Paris Hilton endorsed Centra Card and Centra Tech. One thing I hate with the story is Ray Trapani never meted a prison sentence due to his cooperation with the whole case. The judge could have used the case to send a strong message by getting all the scammers get prison terms with varying duration.

I just watched Bitconned, a netflix documentary about scammers behind Centra.

Even though main characters behind it were easy to really hate and loath deeply, as they were obnoxius born rich kids, full of themselves, proud to be criminals, self entitled and borderline narcissists.

And while it's infuriating to watch these people brag, and it's like a flashback from every scam i ever saw, it's also one of the best documentaries from that crazy time of ico frenzy and summarizes the whole craziness of it, and it doesn't underestimate people who watch it. It's honest and accurate. It's also fulfilling to watch how that scam unfolds and gets busted, and it's pretty interesting to see the world from the point of scammers. And luckily it's not only those annoying rich scammers they are interviewing.

Guys like these with nonsense scam projects are one of the reasons why crypto is having a bad rep, not meme tokens like pepe. Thet don't come even close to this.

Trailer:
https://www.youtube.com/watch?v=UDqRvMmuUcU

But even though this was one crazy scam, i would rather see protagonists of a documentary somewhat relatable, that they would be interesting outcasts and underdogs, or at least so weird like crypto couple that hacked bitfinex. That story seems to have really weird background. Or movie from Ben Mezrich's book Bitcoin Billionaires. At least the book was rather good.