{"id":2562,"date":"2023-11-26T04:41:45","date_gmt":"2023-11-26T04:41:45","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=2562"},"modified":"2023-11-26T04:41:48","modified_gmt":"2023-11-26T04:41:48","slug":"carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/","title":{"rendered":"Carl Rinsch&#8217;s Misuse of Netflix Funds for Gambling and Trading"},"content":{"rendered":"\n<p>Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch engaged in high-risk financial activities. He initially lost a staggering $6 million in futures trading, reducing the project&#8217;s budget significantly.<\/p>\n\n\n\n<p>Despite this setback, Rinsch made a surprising turnaround. By investing $4 million of the remaining funds into Dogecoin, a popular dog-themed cryptocurrency, he increased his wealth to $27 million. However, this newfound wealth was short-lived, as Rinsch squandered it on luxury items and extravagant shopping sprees.<\/p>\n\n\n\n<p>Further complicating the situation, Rinsch received an additional $11 million from Netflix but lost a significant portion of it by trading options in pharmaceutical stocks. This financial mismanagement led to the inability to produce the promised series. As a result, Netflix ceased funding the project and initiated legal action against Rinsch.<\/p>\n\n\n\n<p>This incident has sparked a variety of reactions online. Some internet users have humorously suggested that Netflix could recoup its losses by producing a documentary about Rinsch&#8217;s fraudulent activities and lavish lifestyle. Others have commented on the irony of the situation, noting that Rinsch&#8217;s story might make a more compelling plot for a web series than the one he was supposed to produce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch engaged in high-risk financial activities. He initially lost a staggering $6 million in futures trading, reducing the project&#8217;s budget significantly. Despite this setback, Rinsch made a surprising turnaround. By investing $4 million [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":2564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-2562","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Carl Rinsch&#039;s Misuse of Netflix Funds for Gambling and Trading<\/title>\n<meta name=\"description\" content=\"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carl Rinsch&#039;s Misuse of Netflix Funds for Gambling and Trading\" \/>\n<meta property=\"og:description\" content=\"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-26T04:41:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-26T04:41:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"764\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Anish Khalifa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anish Khalifa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\"},\"author\":{\"name\":\"Anish Khalifa\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e\"},\"headline\":\"Carl Rinsch&#8217;s Misuse of Netflix Funds for Gambling and Trading\",\"datePublished\":\"2023-11-26T04:41:45+00:00\",\"dateModified\":\"2023-11-26T04:41:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\"},\"wordCount\":212,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1\",\"articleSection\":[\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\",\"name\":\"Carl Rinsch's Misuse of Netflix Funds for Gambling and Trading\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1\",\"datePublished\":\"2023-11-26T04:41:45+00:00\",\"dateModified\":\"2023-11-26T04:41:48+00:00\",\"description\":\"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1\",\"width\":764,\"height\":432,\"caption\":\"netflix\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptometer.io\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Carl Rinsch&#8217;s Misuse of Netflix Funds for Gambling and Trading\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\/\/www.cryptometer.io\/news\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e\",\"name\":\"Anish Khalifa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png\",\"caption\":\"Anish Khalifa\"},\"description\":\"Hi there! I'm Anish Khalifa, a passionate cryptocurrency content writer with a deep love for this ever-evolving industry. I've been writing about crypto for over 3 years now and I've been captivated by its potential to revolutionize the financial world.\",\"url\":\"https:\/\/www.cryptometer.io\/news\/author\/anishkhalifa\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Carl Rinsch's Misuse of Netflix Funds for Gambling and Trading","description":"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/","og_locale":"en_US","og_type":"article","og_title":"Carl Rinsch's Misuse of Netflix Funds for Gambling and Trading","og_description":"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch","og_url":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/","og_site_name":"CryptoMeter.io","article_published_time":"2023-11-26T04:41:45+00:00","article_modified_time":"2023-11-26T04:41:48+00:00","og_image":[{"width":764,"height":432,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp","type":"image\/webp"}],"author":"Anish Khalifa","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Anish Khalifa","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/"},"author":{"name":"Anish Khalifa","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e"},"headline":"Carl Rinsch&#8217;s Misuse of Netflix Funds for Gambling and Trading","datePublished":"2023-11-26T04:41:45+00:00","dateModified":"2023-11-26T04:41:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/"},"wordCount":212,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1","articleSection":["General News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/","url":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/","name":"Carl Rinsch's Misuse of Netflix Funds for Gambling and Trading","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1","datePublished":"2023-11-26T04:41:45+00:00","dateModified":"2023-11-26T04:41:48+00:00","description":"Director Carl Rinsch received an $11 million fund from Netflix for his science fiction series. Instead of utilizing these funds as intended, Rinsch","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#primaryimage","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1","width":764,"height":432,"caption":"netflix"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/carl-rinschs-misuse-of-netflix-funds-for-gambling-and-trading\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"Carl Rinsch&#8217;s Misuse of Netflix Funds for Gambling and Trading"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/79113eacd105c71e5fa6019d028ca61e","name":"Anish Khalifa","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-1-96x96.png","caption":"Anish Khalifa"},"description":"Hi there! I'm Anish Khalifa, a passionate cryptocurrency content writer with a deep love for this ever-evolving industry. I've been writing about crypto for over 3 years now and I've been captivated by its potential to revolutionize the financial world.","url":"https:\/\/www.cryptometer.io\/news\/author\/anishkhalifa\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/11\/netflix.webp?fit=764%2C432&ssl=1","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/2562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=2562"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/2562\/revisions"}],"predecessor-version":[{"id":2565,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/2562\/revisions\/2565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/2564"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=2562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=2562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=2562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}