Bitconned is a tale about scams, backstabbings, and a failed justice system set in the world of cryptocurrency. At the heart of the Netflix documentary is Ray Trapani, a charismatic con artist living a high-rolling lifestyle of gambling, luxury suits, and flashy cars. "Ever since I was a kid, I always wanted to be a criminal," he says, setting the tone for the film and his successful evasion of justice.
In 2017, Trapani and his partner—Sohrab "Sam" Sharma—launched Centra Tech, a company promising a revolution with an innovative debit card that facilitated crypto spending. Centra Tech quickly became a moneymaking machine. But the façade of innovation eventually crumbled, exposing the company as an elaborate scam. Trapani and his partner had fabricated résumés, business partnerships, and licenses, lied about their tech's capacity, and even hired an imaginary CEO.
