Carlos Watson, the co-founder and former CEO of Ozy Media, has been sentenced to almost 10 years in prison for his role in defrauding investors in a scheme valued at approximately $60 million. The sentencing follows the collapse of Ozy Media, a startup that epitomized a particular era of media innovation but ultimately fell victim to a series of financial scandals. In his defense, Watson claimed to be a victim of circumstances. The case has highlighted significant issues surrounding investor trust and corporate governance in modern media enterprises.