Bitconned was released on Netflix on January 1 and has already amassed an impressive 100 per cent positive rating on reviews aggregator Rotten Tomatoes.
The series chronicles the cryptocurrency craze of the late 2010s and centres specifically on the Centra Tech scandal in 2017 which was a company operating in Florida.
Directed by Bryan Storkel, also known for The Legend of Cocaine Island, the show stars real life businessman Ray Trapani, who openly boasts that he dreamt up the entire scam.
In the documentary he said: ‘Crypto [was] just this new unfound territory, completely unregulated by the SE. Anytime you find a market like that, you just have to figure out how to exploit [it]’.
Fans were shocked by Ray’s candour, with viewers describing the Netflix original as ‘insane and wild’.
One user said: ‘Bitconned is ridiculous’, and another said it was ‘the craziest documentaries [they’ve seen] in a while’.
A more scathing viewer felt: ‘Bitconned on Netflix glorifies scammery, being a criminal who is protected by govt because he snitched.
‘And I wonder at the intent of doing such documentaries in such a way. Like making the bad guy an anti-hero type thing’.
Others were more concerned that viewers would fall prey to such scams: ‘Bitconned is actually the wildest documentary on netflix right now. Also, reminder, crypto is a scam’.
Another had trust issues after finishing the series: ‘GM! Just watched Bitconned on Netflix and now I don’t trust any of you!’
One user came to the sad realisation: ‘Once you have charisma and can talk, you are halfway there… #Bitconned’.
More positive reviewers claimed: ‘Oh yeah that Bitconned doc was fire’ and ‘Bitconned on Netflix was a good watch’.
But some weren’t so pleased afterwards: ‘Bitconned on Netflix p***** me off. I didn’t need the show to remind me of the painful truth that evil people can win after all’.
There were more who were shocked with just how ‘brazen’ the scam was.
Others remarked how ‘sad’ it was that ‘so many people are gullible’, while another deemed the show an ‘insane watch’.
In the ‘wild’ documentary, Trapani explains: ‘But it didn’t matter at all. …. We lied, we cheated, we made millions of dollars’ unashamedly.
Despite having been out for less than a month, it has achieved a 100 per cent rating on Rotten Tomatoes.
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Zeenia Naqvee
