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”.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe – We publish new crypto explainer videos every week!
DEX vs CEX: Which is Best for YOU? (Explained with Animation)
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.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
