According to Decrypt, Carl Erik Rinsch, the director of the movie *47 Ronin*, has been sentenced to 30 months in prison by the U.S. District Court for the Southern District of New York for using the $11 million provided by Netflix for series production to speculate on stock options and cryptocurrency. Prosecutors stated that Rinsch first lost $5.9 million in stock options trading, then transferred the remaining $4+ million to Kraken to buy Dogecoin, cashing out nearly $27 million in 2021. He then spent the money on luxury cars, watches, and other high-end goods. The court also sentenced him to 3 years of supervised release and ordered him to repay Netflix $11 million. https://(wublock123.com)/news/47-ronin-director-embezzled-series-funds-speculated-doge-sentenced-30-months-63723