Wow, a director's life so full of twists and turns that even screenwriters wouldn't dare to script it this way.
Recently, an American court convicted a case involving Carl Rinsch, the director of "47 Ronin," for embezzling $11 million of Netflix production funds. He was found guilty on seven charges including wire fraud and money laundering, facing a maximum sentence of 90 years in prison. What did this guy do? He short-term traded stocks with Netflix's money and lost everything, then plunged into the deep waters of cryptocurrency, followed by a crazy shopping spree—Ferraris, Rolls-Royces, all kinds of luxury goods, spending it all in a highly satisfying way. Unfortunately, Netflix not only got caught holding the bag, but the subsequent "Conquest" series also fell through, resulting in a direct loss of $55 million.
What's even more ironic is that this guy actually made some money investing in Dogecoin—turned $4 million into $27 million. But sadly, the quick gains were quickly squandered, eventually leading to legal troubles. This story really highlights a key issue: the high returns of the cryptocurrency market are indeed attractive, but the risks and temptations are just as deadly.
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TokenomicsDetective
· 12-12 13:51
This is a classic case of "getting rich overnight and going bankrupt overnight." Dogecoin has increased sixfold, yet it still couldn't save him, indicating that psychological issues are more deadly than market issues.
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GasFeeCrier
· 12-12 13:49
Wow, using Netflix money to play with Dogecoin, isn't this really scripting? Think it through clearly, bro, in the 90s.
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0xSherlock
· 12-12 13:44
Losing money in stocks and then turning around to embezzle public funds to play with coins... This guy has truly written "all in" into his DNA. Turning 4 million into 27 million—so what? In the end, you still have to lose it all. The crypto market, to be honest, is a gambler's paradise. When making money, you get carried away; when losing money, you'll do anything.
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bridge_anxiety
· 12-12 13:35
Damn, this guy really treats Netflix like an ATM. He says jump, and they jump—$11 million moved instantly. That move is absolutely outrageous.
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MidnightMEVeater
· 12-12 13:35
Good morning, at 3 a.m., I saw another real-life liquidity trap case... This guy used Netflix's money to play DOGE, making 27 million but still losing everything. It truly dramatizes the essence of dark pool trading like a Hollywood blockbuster.
Wow, a director's life so full of twists and turns that even screenwriters wouldn't dare to script it this way.
Recently, an American court convicted a case involving Carl Rinsch, the director of "47 Ronin," for embezzling $11 million of Netflix production funds. He was found guilty on seven charges including wire fraud and money laundering, facing a maximum sentence of 90 years in prison. What did this guy do? He short-term traded stocks with Netflix's money and lost everything, then plunged into the deep waters of cryptocurrency, followed by a crazy shopping spree—Ferraris, Rolls-Royces, all kinds of luxury goods, spending it all in a highly satisfying way. Unfortunately, Netflix not only got caught holding the bag, but the subsequent "Conquest" series also fell through, resulting in a direct loss of $55 million.
What's even more ironic is that this guy actually made some money investing in Dogecoin—turned $4 million into $27 million. But sadly, the quick gains were quickly squandered, eventually leading to legal troubles. This story really highlights a key issue: the high returns of the cryptocurrency market are indeed attractive, but the risks and temptations are just as deadly.