#美联储降息 Hollywood director embezzles production funds to speculate on cryptocurrencies, gets rich overnight and then loses everything, court sentences him to 90 years!
This story is even more outrageous than a movie. Hollywood director Carl Linsh received a huge order from Netflix to produce the sci-fi series "Conquest," worth up to $61 million. But what happened—he directly diverted $11 million of production funds into the stock market to gamble, lost it all, and then turned to the cryptocurrency casino.
The craziest part is: he bet on Dogecoin and turned $4 million into $27 million. Short-term wealth poured in, and this guy completely floated. Instead of covering the production gap, he crazily hoarded Ferraris (5 cars), Rolls-Royces (3 cars), and various luxury watches and jewelry. The crew stalled, and Netflix ended up caught in a $55 million trap, with the project falling apart.
The recent court ruling in the US just came down: all seven charges—telecom fraud, money laundering, etc.—were proven, and he could face 90 years in prison. That’s essentially life imprisonment.
What can you see from this case? First, the allure of cryptocurrencies is incredibly strong—the short-term high profits cause judgment to plummet. Second, the importance of financial discipline—once public funds go out of control, the consequences are like this. $ETH $BNB These types of coins are daily stages for human greed and fear.
What do you think? If you suddenly had millions of dollars, would you choose to play it safe or take a gamble for a comeback? Share your thoughts in the comments.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
BoredWatcher
· 17h ago
This guy really used Netflix's money to give us a vivid lesson—turning 4 million into 27 million and going totally crazy. Buying a Ferrari is like grocery shopping.
View OriginalReply0
Rugpull幸存者
· 12-12 13:21
Damn, this guy is really outrageous. Turning 4 million into 27 million and still not stopping? I knew the crypto world is the easiest place to lose your mind.
Dogecoin all in and then buying five Ferraris—this logic... is truly absurd to the core. No wonder the court sentenced him to 90 years.
To be honest, if I really had ten million in hand, I wouldn't dare to gamble. I've already been scammed in the crypto world. Steadiness is the way to go in this life.
View OriginalReply0
SorryRugPulled
· 12-12 13:20
Dogecoin just sent him straight in, truly amazing. This is the legendary 'one shot and you're in jail'.
View OriginalReply0
ReverseTradingGuru
· 12-12 13:18
Oh my, this guy really got himself into trouble. Five Ferraris is just outrageous.
---
Dogecoin that won the bet ended up ruining him, very ironic.
---
The problem isn't the coin; it's that no one can resist the temptation of sudden wealth. Anyone would go crazy.
---
Being born in 1990 is like a death sentence. Even Netflix's $55 million loss has to be accepted.
---
Looking at this story, I am even more certain. If I had millions of dollars, I would just invest in index funds and hold steady.
---
Basically, it's greed plus lack of discipline. Cases like this happen every year, but this time it was exposed.
---
Dogecoin earning $27 million and still losing everything—how skilled do you have to be to do that?
View OriginalReply0
NestedFox
· 12-12 13:11
Dogecoin doubling six times overnight to buy a Ferrari—how confident would that make you... But if I had 27 million, I would also stay calm and composed. Haha
View OriginalReply0
CommunityWorker
· 12-12 13:05
Damn, Dogecoin doubled six times with a single bet, and that's not enough? You have to lose everything? Seriously.
#美联储降息 Hollywood director embezzles production funds to speculate on cryptocurrencies, gets rich overnight and then loses everything, court sentences him to 90 years!
This story is even more outrageous than a movie. Hollywood director Carl Linsh received a huge order from Netflix to produce the sci-fi series "Conquest," worth up to $61 million. But what happened—he directly diverted $11 million of production funds into the stock market to gamble, lost it all, and then turned to the cryptocurrency casino.
The craziest part is: he bet on Dogecoin and turned $4 million into $27 million. Short-term wealth poured in, and this guy completely floated. Instead of covering the production gap, he crazily hoarded Ferraris (5 cars), Rolls-Royces (3 cars), and various luxury watches and jewelry. The crew stalled, and Netflix ended up caught in a $55 million trap, with the project falling apart.
The recent court ruling in the US just came down: all seven charges—telecom fraud, money laundering, etc.—were proven, and he could face 90 years in prison. That’s essentially life imprisonment.
What can you see from this case? First, the allure of cryptocurrencies is incredibly strong—the short-term high profits cause judgment to plummet. Second, the importance of financial discipline—once public funds go out of control, the consequences are like this. $ETH $BNB These types of coins are daily stages for human greed and fear.
What do you think? If you suddenly had millions of dollars, would you choose to play it safe or take a gamble for a comeback? Share your thoughts in the comments.