Carl Erik Rinsch, director of 47 Ronin, signed a deal with Netflix to direct Conquest a few years ago. According to sources in the New York Times, Rinsch “treated the crew poorly” during filming, often shouting and becoming irritated.
In March 2020, Rinsch asked Netflix to give him more money. Initially, Netflix refused to provide additional funds – the company had already spent $44.3 million on Conquest. However, when Rinsch said that the entire production was in danger of collapsing without immediate investment, Netflix gave him another $11 million.
Rinsch invested most of the money in shares, which did not pay off. He also transferred more than $4 million to an account on the Kraken exchange and bought Dogecoin. Unlike his investments in the stock market, this investment paid off: When he liquidated his DOGE positions in May 2021, he had a balance of nearly $27 million.
“Thank you and God bless cryptocurrency,” wrote an elated Rinsch in an online chat with a Kraken representative.
Rinsch then started spending money. He bought five Rolls-Royces, a Ferrari, a Vacheron Constantin watch worth $387,630, as well as millions of dollars worth of luxury furniture and designer clothing. In the summer, Netflix sued Rinsch and now the company is awaiting a court decision.
Recently, the American company Astrobotic, which develops space robotics for lunar missions, announced that on December 23 it is going to send a wallet with the meme cryptocurrency DOGE to the surface of the Earth’s satellite using the Vulcan Centaur Rocket ULA.
Analysts on the BitInfoCharts platform reported that, as of November 13, the number of Dogecoin holders with a balance equal to or greater than $1 million fell to 635 addresses.
Source: Bits
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