Hollywood Director Carl Rinsch Convicted for Diverting $11M Netflix Funds into Crypto
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The crypto sector is often seen as a risky space where people can quickly lose both their own savings and money placed in their care. This reality came into sharp focus with Hollywood director Carl Rinsch, who was convicted of defrauding Netflix by diverting $11 million into cryptocurrency trades and luxury purchases. The case reveals how quickly funds can disappear when misused, even in high-profile, high-stakes projects.
In Brief
- Carl Rinsch was found…
