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Carl Rinsch will serve two and a half years in prison for taking money meant for a Netflix show to buy Dogecoin, stocks and luxury goods. Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods. A Manhattan federal court on Monday sentenced Rinsch, known for directing the 2013 film “47 Ronin,” starring Keanu Reeves, to 30 months in prison after he was convicted in December on charges including fraud and money laundering. “Rinsch orchestrated a scheme to steal millions by seeking $11 million from a subscription streaming service, falsely claiming that money would be used to finance a television show that he was creating,” Manhattan US Attorney Jay Clayton said in a statement Monday. Read more

The film, titled "One Attempt Remaining," about a couple trying to regain access to millions of dollars worth of crypto, mirrors real-world crypto dilemmas. Streaming service Netflix announced a new comedy movie focused on one couple’s attempt to remember a password and gain access to millions of dollars worth of cryptocurrency. In a Thursday notice, Netflix said that Hollywood star Jennifer Garner would be one of the leads in the movie “One Attempt Remaining.” The comedy feature would focus on the story of two people who divorced only to discover “the cryptocurrency they won together on a cruise is now worth millions… but they’ve forgotten the password.” According to What’s on Netflix, the story will include a notice from the US Securities and Exchange Commission, and the couple would have 48 hours to retrieve $35 million from the wallet before the claim expires. Read more

Netflix's dystopian Black Mirror series inspired creators to launch a franchise $MIRROR token built on the IP blockchain KOR protocol, backed by Avalanche, Solana, Republic Crypto, and Animoca Brands with trading live on Gate.io, Kraken, MEXC, and Binance Alpha despite Reddit community authenticity doubts as the token pumped 129% from lows. The post Netflix’s Dystopian Black Mirror Series Inspires the Launch of $MIRROR Token – 10000% Gains Ahead? appeared first on Cryptonews.

Netflix’s latest reality venture, House of Streams, is set to debut on June 18 in the UK and Ireland, offering 1 Bitcoin to the winning contestant. The post Netflix’s ‘House of Streams’ to Award 1 Bitcoin to Winning Streamer appeared first on Cryptonews.

As Netflix rolls out generative AI, the streaming giant is unironically retiring a Black Mirror interactive title.