A Hollywood director has been convicted of orchestrating an $11 million fraud scheme targeting Netflix, with the stolen funds subsequently channeled into cryptocurrency investments. The case highlights growing risks in the industry as bad actors exploit institutional partnerships for crypto speculation. Authorities traced the financial flow from the original fraud directly into digital asset purchases, underscoring how cryptocurrency channels can become vectors for laundering illicit proceeds. The conviction serves as a stark reminder of the security vulnerabilities that high-value operations face and the importance of robust oversight mechanisms.