Bitconned on OTT: When, where to watch Bryan Storkel’s true crime documentary about cryptocurrency

The intersection of artificial intelligence and technological progress has given rise to both innovation and vulnerabilities in security systems. As we stand on the cusp of a new year, an upcoming true crime documentary titled Bitconned on Netflix aims to shed light on the sophisticated world of financial frauds in bitcoins, serving as a cautionary tale for viewers. Recently, the makers of Bitconned unveiled its premiere date.

When and where to watch Bitconned?

In the heady days of 2017-18, the cryptocurrency craze reached its zenith, with Bitcoin leading the charge. Exploiting the surge in interest and the relative lack of knowledge, fraudsters found fertile ground for their schemes. The documentary unveils the dark underbelly of this era, focusing on a young man named Ray Trapani. The docu-series will premiere on Netflix on January 1.

What do we know about Bitconned?

Ray Trapani's journey from obscurity to criminal mastermind is a central narrative in the documentary. Motivated by the Bitcoin boom, Trapani devised a fake debit card for crypto transactions. Leveraging fake LinkedIn profiles and paid endorsements, he preyed on the vulnerability of those enticed by "get rich quick" schemes, forming Centra Tech to siphon off millions of dollars daily.

The intricate web of deception spun by Trapani involved not only fabricated identities but also strategic manoeuvres to manipulate the gullible. The documentary lays bare the mechanics of the scam, revealing how Trapani exploited the widespread enthusiasm for cryptocurrency investments.

Directed by Bryan Storkel, known for his work on The Legend of Cocaine Island and The Pez Outlaw, the documentary promises a gripping narrative. Storkel delves into the mind of the criminal, providing viewers with a nuanced understanding of the motivations and methods behind high-profile scams.