Mr. Watson testified that he had not conspired to trick investors, stating that his company focused on building partnerships, securing advertising revenue, and drawing in investors for long-term success.
Facing charges of misrepresenting financial results, fundraising efforts, and audience data, Mr. Watson expressed his belief in the company's potential longevity and denied intentionally misleading anyone.
Emphasizing personal commitment, Mr. Watson highlighted his financial investments and salary sacrifices for Ozy Media, underscoring his dedication to the start-up's success and countering fraud allegations.
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