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Director sentenced 30 months for stealing $11M Netflix funds to buy Dogecoin and luxury cars

Market News
30 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Carl Rinsch, director of the film 47 Ronin, was sentenced to 30 months in federal prison for misusing $11 million Netflix had allocated for a sci-fi series. Instead of producing the show, he invested the money in Dogecoin and made extravagant purchases including five Rolls-Royces and expensive mattresses. He must repay the $11 million to Netflix and faces three years of supervised release. This case highlights that unauthorized crypto investments with stolen funds are treated as serious financial crimes.

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Qfin Holdings reappoints Deloitte as auditor for 2026 at annual meeting

Qfin Holdings reappoints Deloitte as auditor for 2026 at annual meeting

Qfin Holdings, a leading AI-driven Credit-Tech platform in China, announced at its annual general meeting that Deloitte Touche Tohmatsu and its Certified Public Accountants LLP will continue as the company's auditors through 2026. The board is author...

Company Fundamentals
Neutral
45 minutes ago
Hopsworks launches version 5.0 with integrated coding AI to speed up AI pipeline development.

Hopsworks launches version 5.0 with integrated coding AI to speed up AI pipeline development.

Hopsworks has released version 5.0 of its platform, introducing a unified Coding Data and AI Stack that embeds coding agents directly into the platform. This update allows developers to build and operate machine learning pipelines, data workflows, an...

Others
Bullish
45 minutes ago
Mishandled baggage rates drop 23% in 2025 but still cost airlines $6.3B annually.

Mishandled baggage rates drop 23% in 2025 but still cost airlines $6.3B annually.

In 2025, mishandled baggage rates fell 23% to 4.9 per 1,000 passengers, driven by digital tech like AI and real-time data sharing, yet the issue still costs the airline industry $6.3 billion annually. Passenger numbers rose to 5 billion globally, wit...

Market News
Bullish
45 minutes ago
Investec Bank sells 36,142 shares of Treatt Group at around 304 pence each

Investec Bank sells 36,142 shares of Treatt Group at around 304 pence each

Investec Bank plc, acting as advisor and joint broker to Treatt Group Plc, disclosed the sale of 36,142 ordinary shares of Treatt Group on June 29, 2026. The shares were sold at prices ranging from 304 to 304.5 pence each. There were no derivative or...

Market News
Neutral
51 minutes ago
Investec Bank discloses share dealings for Advanced Medical Solutions Group on June 29, 2026.

Investec Bank discloses share dealings for Advanced Medical Solutions Group on June 29, 2026.

Investec Bank plc, acting as advisor and joint broker to Advanced Medical Solutions Group Plc, disclosed its share dealings on June 29, 2026. The bank purchased 1,187,484 ordinary shares at prices between 279 and 279.5 per share and sold 1,120,000 sh...

Market News
Neutral
54 minutes ago
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