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Carl Erik Rinsch, the director accused of blowing $11 million of Netflix’s money on cars, mattresses, and cryptocurrency, has pleaded not guilty to charges including fraud and money laundering.

Contacted this afternoon by Deadline, Netflix reps had no comment on the hearing in the Big Apple earlier Thursday. Director Carl Erik Rinsch on September 23, 2015 in Los Angeles, California.

Netflix wants its money back. Five years after wiring $11 million to director Carl Erik Rinsch for a sci-fi series that never got made, the streamer is asking for a return on those funds.

Carl Erik Rinsch was arrested earlier this week ... Within days of receiving the Netflix cash, Rinsch allegedly transferred the funds to different bank accounts before consolidating them into ...