Carl Erik Rinsch, the director of Netflix’s sci-fi series Conquest, reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made $27 million in the process. Now, Rinsch is seeking an additional $14 million from Netflix, according to a confidential arbitration proceeding. The behind-the-scenes drama of Rinsch’s series is detailed in a report by The New York Times. Rinsch initially received a budget of $44 million from Netflix, but after requesting more funds, he was given an additional $11 million on the condition that he finished the show. However, Rinsch used $10.5 million of the fresh funding to gamble on the stock market, resulting in significant losses. With just over $4 million left, he transferred the money to a crypto exchange and went all in on DOGE, eventually withdrawing around $27 million. Rinsch allegedly spent a large portion of the proceeds on luxury items, including high-end furniture, designer clothing, and luxury vehicles. His ex-wife hired a forensic accountant for divorce proceedings, who found evidence of his extravagant spending. Rinsch has launched an arbitration proceeding against Netflix, claiming breach of contract and seeking $14 million in damages. Netflix denies owing him anything and refers to his demands as a shakedown. A ruling on the case is expected soon.