Bitconned

This documentary is well-made entertainment.

It even does not fall into the Netflix-pitfall of wokeness and judgementalism. Viewers can form their own opinions, and those may vary. Kudos to that.

Is the fraudster telling the truth?

Is he still playing? Can he do anything else?

Is he a sociopath? What went wrong with him? Are his brothers criminals as well?

It's a story we're being told. Is it the real story?

I really want to hear the other guy's telling of it!

As if you have to be rich to travel the world.

You only have to be rich if you don't want to travel and experience the world but just go places, live luxuriously, and think that makes you a success.

Or maybe just a case of SDS.

People will have a field day psychoanalysing the antagonist in this documentary - rarely do we get such clear insight into the mind of a cold-hearted fraudster. Ray Trapani is also an archetype representing those capable of ripping off other human beings without a flicker of emotion (and there's a higher than average representation of such people in the world of alt crypto) - it's fascinating to see such a disgusting example of humanity reveal himself for what he is. He's so disconnected from what it means to be human that he somehow thought it would be a good idea to show the world what a piece of garbage he is. This documentary is worth a watch simply to see that play out.

This documentary made my blood boil in every way I like. The story was put together well and painted Ray Trapani (the lead scam artist) in a way that made him truly look like a criminal. This is not always done well by Netflix.

If you like documentaries about crime, scams and crypto, than you need to watch this. It will blow your mind what these con artists come up with to make a quick buck off the ignorant.

In the film you will follow Ray, who lays out all the scams he has pulled over his lifetime. This leads up to the biggest scam of all, Centra Tech. I don't want to ruin anything but let me say this, our judicial system is in serious need of some changes here in the U. S. A.

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.

Bitconned (2024) emerges as a captivating and insightful exploration of the Centra Tech crypto scam, a fraudulent scheme that captivated the cryptocurrency world and defrauded investors of millions of dollars. The film delves into the intricacies of the scam, revealing the mastermind behind the operation, Ray Trapani, and the elaborate deception he orchestrated.

Directed by Bryan Storkel, renowned for his compelling documentaries, Bitconned interweaves interviews with victims, former Centra Tech employees, and investigative journalists to paint a comprehensive picture of the scam. We witness how Trapani, fueled by a lifelong fascination with crime and a thirst for wealth, devised a sophisticated scheme that fooled investors worldwide.

The documentary exposes the intricate mechanics of the scam, highlighting the false promises, fake celebrity endorsements, and sophisticated technology used to manipulate investors. We see how Trapani and his associates exploited the unregulated nature of the cryptocurrency market to operate with impunity, raking in millions of dollars while leaving countless victims in financial ruin.

The documentary also delves into the psychology of the scam's participants, exploring the motivations that drove Trapani and his collaborators to commit such audacious fraud. It examines the allure of quick money, the desire for fame and status, and the willingness to bend ethical boundaries in the pursuit of financial gain.

Bitconned serves as a cautionary tale for those considering investing in cryptocurrencies, emphasizing the importance of due diligence, critical thinking, and skepticism when evaluating investment opportunities. It warns against falling prey to overly optimistic promises and unchecked greed, urging individuals to conduct thorough research and understand the risks involved before investing in any cryptocurrency venture.