A Hollywood director has reportedly made a 575% profit from trading the popular meme asset Dogecoin (DOGE) with funds originally reserved for a Netflix show.

According to a new report by The New York Times, filmmaker Carl Erik Rinsch – who received $55 million from the marquee streaming service between 2020 and 2021 to fund the show “Conquest” – used millions of dollars of that money to invest in DOGE after disagreements with the company.

The New York Times의 새로운 보고서에 따르면, 쇼 "Conquest" 자금 조달을 위해 2020년부터 2021년 사이에 대형 스트리밍 서비스로부터 5,500만 달러를 받은 영화 제작자 Carl Erik Rinsch는 불일치 후 그 돈 중 수백만 달러를 DOGE에 투자하는 데 사용했습니다. 회사와.

The report says that soon after Rinsch received the funds, he allegedly began acting erratically and missing production milestones, prompting Netflix to believe there was no way forward with the project.

보고서에 따르면 Rinsch는 자금을 받은 직후 비정상적으로 행동하고 제작 일정을 놓치기 시작했으며 Netflix는 프로젝트를 진행할 방법이 없다고 믿게 되었습니다.

As stated by Thomas Cherian, a spokesman for Netflix, to The New York Times,

“After a lot of time and effort, it became clear that Mr. Rinsch was never going to complete the project he agreed to make, and so we wrote the project off.”

"많은 시간과 노력 끝에 Rinsch 씨가 자신이 만들기로 합의한 프로젝트를 결코 완료하지 못할 것이라는 것이 분명해졌습니다. 그래서 우리는 프로젝트를 취소했습니다."

Not only did Rinsch go on to invest in Dogecoin, he took out options bets in the stock market and purchased luxury items, such as a fleet of Rolls Royce vehicles and a Ferrari, according to the report.

However, his bet on Dogecoin panned out, as he was able to see a massive 575% return on his investment.

그러나 Dogecoin에 대한 그의 베팅은 성공하여 투자 대비 575%의 엄청난 수익을 얻을 수 있었습니다.

The report says that Rinsch transferred $4 million to the crypto exchange Kraken and bought that much worth of the dog-theme memecoin, eventually liquidating his stash for a staggering $27 million in 2021.

According to the Times, during an online chat with a Kraken representative, Rinsch wrote “Thank you and God bless crypto.”

Times에 따르면 Rinsch는 Kraken 담당자와의 온라인 채팅에서 "감사합니다. 암호화폐에 신의 축복이 있기를"이라고 썼습니다.