The $45 billion collapse of TerraUSD and LUNA in 2022 is being adapted into a South Korean indie film titled Crypto Man.
According to JoongAng Daily, Crypto Man is tied to the narrative of Terraform Labs. The company, founded by Do Kwon, became infamous after its tokens collapsed, leaving a trail of bankruptcies and financial losses across the cryptocurrency sector.
Filmmaker Harry Hyun helms the project, blending elements of dark humor with social commentary. Speaking to the Korean newspaper JTBC, Hyun shared that the movie seeks to depict “the reality of young people who are addicted to stocks during the day and coin speculation at night”.
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While details about the plot remain scarce, Hyun hinted at the protagonist making a life-altering and irreversible decision.
The late actor Song Jae-rim takes center stage in Crypto Man, portraying a self-proclaimed visionary who develops a fictional cryptocurrency called MOMMY.
Tragically, Song Jae-rim, a celebrated figure in South Korean cinema, passed away in November 2024, months before the movie's scheduled release.
The movie aims to provide a satirical lens on the excesses and pitfalls of speculative investing. Hyun revealed that careful legal guidance shaped the production due to the ongoing nature of related criminal proceedings.
Scheduled for release in South Korea on January 15, 2025, Crypto Man is distributed by MooAm Productions. However, no information has been provided about its availability outside South Korea.
As Crypto Man explores the dark side of speculative investing, it is not the only story of crypto chaos making waves in entertainment. Another infamous figure, Sam Bankman-Fried, is also getting the Hollywood treatment. How does his rise and fall translate to the big screen? Read the full story.
