Bitconned

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2:10

Bitconned

2024

1h 34m

Crime

Documentary

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Tomatometer

Popcornmeter

100%

Tomatometer

10 Reviews

66%

Popcornmeter

50+ Ratings

Ray Trapani had always wanted to be a criminal, even as a young boy. In 2017, amidst the economic frenzy of the Bitcoin boom, there was no better place for scammers than cryptocurrency. So when Ray's friend approached him with the idea of creating a debit card for crypto, Trapani jumped at the chance. There was only one problem: he had no idea how to do that. But thanks to fake LinkedIn profiles, paid celebrity endorsements, and the online community’s insatiable desire to "get rich quick," Centra Tech was soon raking in millions of dollars a day. Was it real? No. But did it work? Maybe. In this fast-paced, debaucherous documentary from director Bryan Storkel (Producer of The Legend of Cocaine Island + Director of The Pez Outlaw), Ray himself guides viewers through the ups and downs of his dramatic journey, alongside his family, former friends, and the journalist who exposed Centra Tech as the first high-profile fraud case of the crypto era.

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Craig Mathieson

The Age (Australia)

Fascinating in ways that range from the brazenly entertaining to the morally queasy, this feature-length documentary is a giddy recap of the absurd heights reached by Ray Trapani.

Rated: 3/5

Jan 17, 2024

Full Review

Dan Einav

Financial Times

An enraging account of opportunistic charlatanry, it’s also an entertaining ride in the so-called wild west of crypto.

Rated: 3/5

Jan 11, 2024

Full Review

Frank Wilkins

Reel Reviews

While Bitconned proves to be a deeply unsettling watch, it is precisely its ability to make us feel a visceral blend of anger and suspicion that showcases its power as a film.

Rated: 4/5

Feb 16, 2024

Full Review

Wade Major

FilmWeek (KPCC - NPR Los Angeles)

My only trouble with this is that the filmmakers really trick it up... I would've preferred a more traditional documentary.

Feb 1, 2024

Full Review

Andy Klein

FilmWeek (KPCC - NPR Los Angeles)

This is an infuriating film.

Feb 1, 2024

Full Review

Sabrina McFarland

Common Sense Media

One central component in this thought-provoking documentary's cautionary tale about the early days of the crypto market is a personal childhood story.

Jan 17, 2024

Full Review

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Ian W

Critics, guys, this is NOT a 100% film/documentary. It is a well made, well shot story of brazen scammers and highlights the gullibility of the general public who want to 'get rich quick'. Almost to brazen to believe. But it's true. Reminded me of the excellent BBC4 series "Storyville". That's high praise.

Rated 4 out of 5 stars

02/04/24

Full Review

Valerii Ege D

My new fetish is watching all those crypto-bro goes-to-jail documentaries. Bitconned is a little bit boring, but the promise is satisfying. They all like Scorsese movies. First, they thrive, then they fail hard. Perfect story.

Rated 2.5 out of 5 stars

01/31/24

Full Review

Joe P

Putrid doc about putrid people. Don't bother watching. Tl;dr. Bitcoin is a scam, don't buy any.

Rated 1 out of 5 stars

01/18/24

Full Review

Jon K

Wannabe criminal idiot who got off scot-free. We'll see his face and name in the news again when they catch him for commiting another crime. You only throw so many "friends" under the bus and this movie sends the wrong message to viewers.

Rated 2.5 out of 5 stars

01/15/24

Full Review

Nathaniel S

Good movie that is current with the times. If you want something modern and fast paced.. Watch this....

Rated 3 out of 5 stars

01/11/24

Full Review

Michael W

This crime documentary was really good. The entire crew did an excellent job on bringing this crime story to life. The man responsible, Ray Trapani, is just a greedy, selfish person with no respect for anything and will step on anyone to get what he wants. He got off with no jail time, which is wrong. He probably bought off the court because he knows that he wouldn't last long in jail. He's a coward and he knows it. If you haven't seen this documentary yet, check it out sometime. It'll show you how corrupt Trapani is and that people like him should never be trusted.

Rated 4 out of 5 stars

01/10/24

Full Review

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Bitconned: Trailer

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Synopsis

Ray Trapani had always wanted to be a criminal, even as a young boy. In 2017, amidst the economic frenzy of the Bitcoin boom, there was no better place for scammers than cryptocurrency. So when Ray's friend approached him with the idea of creating a debit card for crypto, Trapani jumped at the chance. There was only one problem: he had no idea how to do that. But thanks to fake LinkedIn profiles, paid celebrity endorsements, and the online community’s insatiable desire to "get rich quick," Centra Tech was soon raking in millions of dollars a day. Was it real? No. But did it work? Maybe. In this fast-paced, debaucherous documentary from director Bryan Storkel (Producer of The Legend of Cocaine Island + Director of The Pez Outlaw), Ray himself guides viewers through the ups and downs of his dramatic journey, alongside his family, former friends, and the journalist who exposed Centra Tech as the first high-profile fraud case of the crypto era.

Director: Bryan Storkel
Distributor: Netflix
Genre: Crime, Documentary
Original Language: English
Release Date (Streaming): Jan 1, 2024
Runtime: 1h 34m

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