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Members of the multinational video game piracy group Team Xecuter are facing multiple felony charges, the US Attorney’s Office of the Western District of Washington announced Friday. Max Louarn, Yuanning Chen, and Gary Bowser (yes, that’s really his last name) were all charged with 11 felony counts, including wire fraud, trafficking in circumvention devices, and conspiracy to commit money laundering.

“These defendants were allegedly leaders of a notorious international criminal group that reaped illegal profits for years by pirating video game technology of US companies,” Brian Rabbitt, Acting Assistant Attorney General of the Justice Department’s Criminal Division, said. “These arrests show that the department will hold accountable hackers who seek to commandeer and exploit the intellectual property of American companies for financial gain, no matter where they may be located.”

Team Xecuter, known for releasing homebrew software for various video game systems including the Nintendo Switch and 3DS, is comprised

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  • Early employees of payments company PayPal went on to create nearly a dozen major tech startups after leaving the company.
  • The PayPal Mafia, as its early employees came to be known, were directly responsible for Tesla, SpaceX, LinkedIn, Yelp, and more. 
  • The latest company with PayPal roots to make a major splash is Palantir, the big data company that went public on the New York Stock Exchange this week. 
  • Visit Business Insider’s homepage for more stories.

Without PayPal, there may not have been Palantir. Or YouTube. Or SpaceX, LinkedIn, and Yelp. 

The payments company — launched as Confinity in 1998 by Peter Thiel, Max Levchin, and Luke Nosek — grew to become a Silicon Valley giant. It was acquired by eBay in 2002 for $1.5 billion in a deal that altered Silicon Valley history and helped spawn the careers of some of tech’s most famous names. The PayPal Mafia, as

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Members of the multinational video game piracy group Team Xecuter are facing multiple felony charges, the US Attorney’s Office of the Western District of Washington announced today. Max Louarn, Yuanning Chen, and Gary Bowser were all charged with 11 felony counts, including wire fraud, trafficking in circumvention devices, and conspiracy to commit money laundering.

“These defendants were allegedly leaders of a notorious international criminal group that reaped illegal profits for years by pirating video game technology of US companies,” Brian Rabbitt, Acting Assistant Attorney General of the Justice Department’s Criminal Division, said. “These arrests show that the department will hold accountable hackers who seek to commandeer and exploit the intellectual property of American companies for financial gain, no matter where they may be located.”

Team Xecuter, known for releasing homebrew software for various video game systems including the Nintendo Switch and 3DS, is comprised of more than a dozen members

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Beverly Anderson. (Expedia Group Photo)

— Expedia Group appointed Equifax President of Global Consumer Solutions Beverly Anderson as its newest board member.

Prior to Equifax, Anderson was executive vice president of cards and retails services at Wells Fargo. She also held executive roles at American Express and Fleet Credit Card Services.

Maria Karaivanova. (Madrona Photo)

— Maria Karaivanova departed Madrona Venture Group, where she was a principal, to join Allen Institute for Artificial Intelligence spinout WhyLabs as a co-founder and COO.

The Seattle startup came out of stealth mode last week and announced a $4 million investment round, which included participation from Madrona. Karaivanova helped lead Madrona’s investment.

— Seattle biotech startup Silverback Therapeutics promoted Valerie Odegard to president and Naomi Hunder to chief medical officer. 

Odegard joined the company in 2016 as chief scientific officer. She was previously vice president of research at Juno Therapeutics, which was acquired by

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