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So a man who says that his greatest ambition when he was a child was to become a criminal, starts a crypto company with a few friends, and they raise eye-popping amounts of money because they actually do have a good idea, gets charged with a crime and gets parole because he cooperated with the authorities. It's a very strange because it seems like he was clearly viewing this as a scam and as a way to milk money from people, and the person who got the longest jail term seemed like he was at least trying to turn this idea into reality. What I don't understand though is why not just be honest with people. Say we have this idea, it doesn't work yet, ask your money, and we'll be able to come up with something that works. I think while we do hear from other characters in this drama, there is too much focus on the main scammer and there's also no pushback for any of the information that he says. It would be good if they had him say something, and then someone else involved could say their opinion. The end of this review on a philosophical note, crypto was attractive to people because it would avoid all the complications of banking. But banking is complicated because people have been trying to rob and defraud people for centuries, so we have enacted rules surrounding banking to make it safer. Crypto doesn't have that and if it will, there's not much difference then between it and the normal banking system.

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These guys who conned others with their crypto scam are terrible but their victims are gullible! When will people learn that practically everything having to do with crypto currency, especially something new, and seems too good to be true is a scam?! Some Americans like these guys are also just as sleazy scammers as foreign ones, just usually much more sophisticated at it. Can't believe people fell for this and other crypto scams. Maybe this documentary and other stories will finally teach people to do their due diligence before giving their accounts over to strangers and trusting them to be who they claim to be.

Directed by Bryan Storkel. A runtime of one hour and thirty-three minutes. Streaming on Netflix with an R rating. This is the documentary about two high school enemies turned friends/business partners, Ray Trapani and Sam Sharma, whom they call "Sorbee." Showing these two entrepreneurs and their rise from rags to riches. They never came from rags, but they went to a new height of riches. The only problem is that they scammed their way there. Ray Trapani, for lack of better words, is a true F-boy and has been one his whole life. He always wanted to be a millionaire. He claimed it and talked it into existence. With his family involved in some shady affairs, he was able to get some seed money to help start a business in Miami. Renting out exotic sports cars. Having a great idea, along with doing it with two other friends from his youth, was great. Instead of stabilizing that business for the long haul, once funds started to come in, They all started using that money to party and get high. Of course, that caused Ray to crash out. Instead of trying to fix the issue, Ray and Sorbee cut their friend out of the business. Sorbee came up with an idea to jump into the booming cryptocurrency market at the time. They replaced the one friend with Sorbee's sister's boyfriend. Making him another C. E. O. They came up with a great idea, but a completely made-up one. Exploiting celebrities and scamming millions of dollars from everyday working people and investors. Watch how easy it was to make up a fake business and start printing money from how well this scam was. "Bitconned" had me in sheer disbelief. From the opening scene, you saw what kind of documentary this was going to be and what kind of person Ray was. Playing whoever and doing whatever to get to the next level. Stabbing anyone and everyone in the back. All in the name of greed. The craziest part of it all is that these guys were truly smart. Ok, maybe smart is a bad choice of word. No, I take it back. You have to have some form of intelligence to come up with these ideas. You also have to have the drive to sustain them. They did great business originally with the car service. Then, to make another idea about being able to deposit and withdraw your cryptocurrency at will, was a brilliant idea. With the amount of work they were doing to sustain the scam, they almost made their scam a legitimate business. It's wild to see how easy it was to do all of this. Fooling so many people. It got to the point where they had a printer that printed money. Greed, a lack of experience, and intelligence in certain areas were their downfall. If they used their powers for good, I think they would have successful lives regardless. This is a great documentary about something that happened recently. The ending was kind of foul. I still can't believe how easy it was to do all of this. It was also no shock to see how fast it crumbled when it finally did. There is a promising future with cryptocurrency; we as a society are just not there yet. It seems like the crypto hype has fizzled out, but I think it will be back again. This is also a great example of showing you what it looks like to push your luck and how to play yourself out of a massive bag(money). Know when you've won. Even with this last scam, I didn't see an endgame. Don't be shocked if you see Ray on the news in the future. Just saying. I give this documentary four fires 🔥🔥🔥🔥. #CosmoandtheMovieWithin #CosmoMovieBlog #CosmoLanier #Bitconned.

Here's The 4K Lowedown on "Bitconned" (TV-MA - 2024 - Netflix) Genre: Documentary/True Crime My Score: 7.0 Cast=4 Acting=7 Trailer=6 Ending=8 Story=9 Visuals=7 Direct=7 Sounds=6 Genre-9 Sub-genre=7 In this true-crime documentary, three guys exploit the freewheeling cryptocurrency market to scam millions from investors and bankroll lavish lifestyles. "Ever since I was a kid, I wanted to be a criminal." A successful documentary is one that can educate or infuriate...and this was able to achieve both for me. Ultimately not a topic I cared much about, but I had a little knowledge of cryptocurrency. The focus of this documentary is a prick from the word go, but I found myself understanding why people were giving their money to him. If you are interested in true crime or the subject matter, this is worth a watch.

The main character, whose name i dont really care about, some of his partners (not all) as well as his family seem to have no problem while talking about their malicious, greedy way to rip off others... alongside many unbelievably immoral statements this one shows what kind of people the "great" western economic and political system of greed and egoism brings out in people,"... i mean, there was this one guy, who was trying to invest (in centra), and then he gave me his password to his whole crypto account. He ment to send me his passcode to send the Centracoins to.... and he gave me his password. ... And i was in this moment like, " Holy shix, this guy just gave me his password. I logged in, couldn't help myself. I already had millions... this is like 100.000 sitting in his account... What do i do here?! And then i just transfered all to my account..." This quote itself says everything about his character. You should see his cold, proud grin while saying it. Btw: the money is still "gone" and this, well, i would call him "cold-hearted psychopath" seems to live a good life, planning new businesses ... He just plays the game big players in our world, the rich and powerful out there always did and still do ... if it's about tax evasion, political corruption or this kind of fraud... it makes no difference. People who can't get enough, who wanna own more and more, if its money, power, control... are the same kind of misleaded individuals, who just dont get, what life is about. I wouldnt wonder, if he felt good about this documentary and whats even worse, if quite a few young people out there find this way of life, full of manipulation, lies and betrayal attractive.