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International Business Times UK
International Business Times UK
Politics
Dani Oh

'47 Ronin' Director Turned Netflix Funds Into $27M Dogecoin Fortune, Then Bought Two $638K Mattresses

Carl Rinsch during the '47 Ronin' interview in 2013 (Credit: Rotten Tomatoes Coming Soon/YouTube Screenshot)

Carl Erik Rinsch, the director of '47 Ronin', has been sentenced to 30 months in federal prison after a jury found he defrauded Netflix of $11 million in production funding, then moved part of the money into Dogecoin and watched it grow to about $27 million before spending millions on luxury items, including two mattresses costing around $638,000. Prosecutors said the cash, intended to finish his Netflix science‑fiction series, was diverted into personal investments and high‑end purchases instead of production.

Netflix Money Ended Up In Dogecoin

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