Economic TimesLean R·
AI startup CEO pleaded guilty in US to trading on insider tips from lawyers
An AI startup founder secretly pleaded guilty last year to insider trading. Arya Bolurfrushan participated in a scheme involving law firm attorneys tipping traders. He agreed to a plea deal recommending two years in prison and forfeiture. Bolurfrushan traded on confidential merger information, earning significant profits. Nine other defendants also pleaded guilty before indictments were announced.
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