Carlos Watson leaves Brooklyn federal court in New York, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a ...

The former CEO of Ozy Media, which came to symbolize “fake-it-’til-you-make-it startup culture,” according to the Associated Press, has been slapped with a 10-year prison sentence.

Did Ben Smith sabotage Ozy only to plunder its ideas for Semafor? That's the question at the heart of a lawsuit filed Thursday morning in Brooklyn Federal Court alleging that Smith, the Semafor ...