Carl Rinsch, the director behind "47 Ronin," has been sentenced to 30 months in prison by a New York court for committing fraud. Prosecutors revealed that Rinsch misappropriated $11 million from Netflix, channeling the funds into options trading, cryptocurrency investments, and personal expenses.
In addition to his prison term, Rinsch will undergo three years of supervised release and is required to repay the misappropriated funds. Notably, he invested over $4 million in Dogecoin, reportedly withdrawing almost $27 million through the Kraken exchange in May 2021.
