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News Explorer — '47 Ronin' Director Guilty of Defrauding Netflix of $11M, Spending it on Crypto

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Dec 12, 10:59 am
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'47 Ronin' Director Guilty of Defrauding Netflix of $11M, Spending it on Crypto

"47 Ronin" Carl Rinsch has been found guilty of wire fraud, money laundering, and illicit property transactions, having misappropriated $11 million from Netflix to buy cryptocurrencies and luxury items. According to earlier reports, Rinsch made a profit on his Dogecoin investments made with the misapproprated funds. He faces up to 90 years in prison and will be sentenced in April 2026.

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