Netflix director Carl Rinsch has been charged with fraud involving $11 million, which he allegedly diverted for cryptocurrency speculation and luxury expenses. Rinsch, known for his work on the sci-fi series *Conquest*, is accused of transferring the funds into a personal brokerage account, using them to invest in altcoins and cover personal costs. He faces charges of wire fraud, money laundering, and multiple counts of using criminal proceeds. His trial is scheduled for April 17, 2026, as the crypto market remains volatile.