Mitch Lowe, former MoviePass CEO, pleaded guilty to securities fraud conspiracy, contributing to the app's 2020 bankruptcy.

Mitch Lowe, the former CEO of MoviePass, has pleaded guilty to conspiracy charges related to securities fraud. His actions, which contributed to the app's bankruptcy in 2020, involved misleading the public and investors about the company's financial health. Lowe faces up to five years in federal prison. His former colleague, Ted Farnsworth, remains in custody on separate charges for misusing company funds.

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