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Director of '47 Ronin' Charged With Defrauding Netflix, Misusing $11M on Crypto and Luxury Goods

Decrypt LogoDecrypt17h ago

Director of '47 Ronin' Charged With Defrauding Netflix, Misusing $11M on Crypto and Luxury Goods - Decrypt

Quick Summary:

The filmmaker faces up to 90 years in prison for allegedly misappropriating funds meant for a Netflix sci-fi series.

Previous reports from 2023 claimed Rinsch liquidated his Dogecoin positions, initially worth $4 million, and flipped this into $27 million by May 2021.

Discovery materials on the case alleged he spent $1.1 million on lawyers to sue the streaming company for additional funds and for his divorce proceedings.

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Director of '47 Ronin' Charged With Defrauding Netflix, Misusing $11M on Crypto and Luxury Goods - Decrypt (Picture 1)

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 01:24:10 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27162268

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 8 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 11 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "Director of '47 Ronin' Charged With Defrauding Netflix, Misusing $11M on Crypto and Luxury Goods" was covered 17 hours ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 8 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #27162268
  • URL: https://beamstart.com/news/director-of-47-ronin-charged-17423481915885

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