BlockBeats News, December 12th, Director Carl Rinsch, who previously directed the 2013 movie "47 Ronin" starring Keanu Reeves, has been convicted of telecommunication fraud and money laundering. The prosecutor accused Rinsch of embezzling $11 million received from Netflix and using some of the funds to purchase cryptocurrency. Earlier reports indicated that Carl Rinsch initially invested $4 million in Dogecoin, eventually profiting $27 million, but later squandered most of the profits on luxury goods.Rinsch faces a maximum sentence of 90 years and will be officially sentenced on April 17, 2026.

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