Topic: investment losses
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Netflix Scammed Out of $11 Million by Convicted Director
A New York jury convicted director Carl Erik Rinsch of fraud and money laundering for diverting $11 million in Netflix production funds for a sci-fi series to personal use. Rinsch used the money for extravagant personal purchases, including luxury cars, high-end watches, and furniture, and lost s...
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CS2 Item Market Crashes: $2B Lost in Trade Up Update
A minor update to Counter-Strike 2's Trade Up contract system made high-value items like knives and gloves more accessible by allowing players to exchange common "Covert" items for them. The change caused severe economic disruption, with rare item prices plummeting by up to half and the total mar...
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