'47 Ronin' Director Found Guilty of Wire Fraud and Money Laundering

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 13 2025

Should l Buy DOGE?

Conviction Details: Carl Erik Rinsch, director of "47 Ronin," was convicted of wire fraud and money laundering for misappropriating Netflix funds intended for a science-fiction series, facing up to 20 years in prison for each count.
Misuse of Funds: Rinsch diverted Netflix's additional funds into personal accounts, using them for speculative trades, including Dogecoin, and luxury purchases, ultimately losing over half of the money within two months.
Legal Implications: The case raises concerns about potential precedents for federal fraud charges arising from contractual disputes between artists and their financial backers, as argued by Rinsch's attorney.
Sentencing Schedule: Rinsch's sentencing is set for April 17, 2026, after being found guilty of multiple counts related to financial misconduct.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like DOGE with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0457	0.0628	0.0816	0.0988	0.118	0.135	0.153
Fibonacci	0.0628	0.0766	0.085	0.0988	0.112	0.121	0.135

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

GET FREE REAL TIME NOTIFICATIONS

Stock Monitor for DOGE?

Get Started Free

FREE STOCK RECOMMENDATIONS DAILY

Stock Bullish Tomorrow

Get Started Free

70% BACKTESTED ACCURACY!

Should I Buy DOGE?

Get Started Free