eFishery founder gets 9-year jail term, closing the book on one of SEA’s worst startup collapses
Indonesia has handed eFishery founder Gibran Huzaifah a nine-year prison sentence, bringing a brutal legal end to a fraud scandal that vaporised roughly US$300 million in investor value and shattered one of Southeast Asia’s most celebrated startup narratives. The ruling, delivered by the Bandung District Court on April 29 and first reported by Bloomberg, marks a rare moment […] The post eFishery founder gets 9-year jail term, closing the book on one of SEA’s worst startup collapses appeared first on e27.
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