{"id":1019462,"date":"2026-07-08T08:46:15","date_gmt":"2026-07-08T03:16:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1019462"},"modified":"2026-07-08T08:54:02","modified_gmt":"2026-07-08T03:24:02","slug":"ai-startup-ceo-pleaded-guilty-in-us-to-trading-on-insider-tips-from-lawyers","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/08\/ai-startup-ceo-pleaded-guilty-in-us-to-trading-on-insider-tips-from-lawyers\/","title":{"rendered":"AI startup CEO pleaded guilty in US to trading on insider tips from lawyers"},"content":{"rendered":"<p>The founder and chief executive of an AI startup secretly pleaded guilty last year to participating in a vast scheme in which attorneys at major law firms tipped traders about mergers their employers were advising on. Court records unsealed on \u200cMonday show that \u2060Arya \u2060Bolurfrushan, a former Goldman Sachs banker who founded Abu Dhabi-based AppliedAI, pleaded guilty in June 2025 after striking a deal with federal prosecutors in Boston who were working to build cases against dozens of other people accused of participating in the long-running insider trading scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The founder and chief executive of an AI startup secretly pleaded guilty last year to participating in a vast scheme in which attorneys at major law firms tipped traders about mergers their employers were advising on. Court records unsealed on \u200cMonday show that \u2060Arya \u2060Bolurfrushan, a former Goldman Sachs banker who founded Abu Dhabi-based AppliedAI, pleaded guilty in June 2025 after striking a deal with federal prosecutors in Boston who were working to build cases against dozens of other people accused of participating in the long-running insider trading scheme.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1019462","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1019462"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019462\/revisions"}],"predecessor-version":[{"id":1019488,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019462\/revisions\/1019488"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1019462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1019462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1019462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}