CEO, who posted photos of the "_Lake America_" hoodie, is no longer in office.
CNBC
09-26 23:17
Ai Focus
A U.S. credit cooperative Family First stated that a few days after it CEO Jane Smith posted a family photo of a hoodie allegedly edited with artificial intelligence and containing the words “Lake America”, Smith no longer held that position, and the Chief Operating Officer Jason Acosta would assume temporary CEO. The company had previously stated that it firmly disagreed with and rejected the content of this social media post.
Helpful
No.Help

The CEO of a US credit cooperative Family First no longer holds that position several days after she posted a photo allegedly edited by artificial intelligence, showing her family wearing Lake America hoodies.

On Wednesday, Family First issued a statement on its website stating that Jane Smith had "immediately" left the company, and the Chief Operating Officer, Jason Acosta, would assume the role of interim CEO. The statement was jointly signed by Family First Credit Union, the Chairman of the Board of Directors, Maurice Patterson, and Acosta.

Family First did not clarify whether this resignation was related to external reactions. Nevertheless, the credit cooperative stated on Thursday: 'We sincerely apologize for the concerns, disappointment, and pain that this situation has caused to our members and community.'

Family First is headquartered in Michigan, a state that borders Canada.

Smith posted this photo on Facebook on September 11th, with the caption: "Do you like our hoodies? Canada might not think so. Hahaha."

According to CBC News, this post was later deleted from Facebook.

Last month, U.S. President Donald Trump announced that Lake Ontario on the U.S.-Canada border would be renamed “Lake America”, which triggered a strong backlash from Canada, Canadian Prime Minister Justin Trudeau, and even the animated comedy series “South Park”; the latter even changed its own name to “South America” as a satire of the U.S. president's order.

On September 17, during an interview with ABC12 News from Michigan, Smith stated that the photo contained artificial intelligence markers, but her sister removed these markers when she reposted it later on.

Smith is said to state: "We don't intend to make any political statements. However, we were just joking about the name of one of the Great Lakes being changed."

Family First previously stated in a declaration to ABC12 News that the company 'clearly disapproves of and rejects the content of this social media post involving our CEO, Jane Smith'.

U.S. Representative Timothy Kennedy (Democratic, New York State) has also proposed legislation in an attempt to stop Trump's efforts to change the name of Lake Ontario and to prohibit any future name changes to any of the Great Lakes.

Tip
$0
Like
0
Save
0
Views 419
HKWDB reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Mark Zuckerberg joins Miami's 'billionaire fortress', a glimpse of his real estate empire
According to Fortune, Mark Zuckerberg, the CEO of Meta with a net worth of $222 billion, is reportedly recently purchased a mansion worth $170 million on Indian Creek Island in Florida alongside his wife, Dr. Priscilla Chan. The mansion is located near the residence that Jeff Bezos, the founder of Amazon, is building. The report also outlines Zuckerberg's property holdings in Palo Alto, Kauai Island in Hawaii, Lake Tahoe, and Washington D.C.
Fortune
·2026-10-31 23:52:42
23
Strive CEO: The Binance hack incident has not changed the long-term logic of Bitcoin, but it is still too early to determine whether the market has hit bottom
Strive CEO Matt Cole stated that despite Binance suffering a hacker attack worth approximately $6.3 billion, this has not changed his long-term investment judgment on Bitcoin. He described the incident as more of a "bank robbery" of the exchange's system rather than a failure of the Bitcoin network itself. However, it is still too early to determine whether the market has bottomed out.
Cointelegraph
·2026-10-31 23:52:40
22
From restaurant guides to payments, TikTok is creating a super app
TechCrunch reports that TikTok is gradually integrating functions such as e-commerce, payment, dining and map information, hotel and attraction reservations, sports content, music, micro-dramas, and games into a single platform, in an attempt to reduce the need for users to switch between different apps and to develop towards a "super app" model.
TechCrunch
·2026-10-31 23:52:39
21
Bitcoin Marks Its 18th Anniversary: Satoshi Nakamoto's White Paper Anniversary Becomes a Milestone in the Crypto Industry
The release of the Bitcoin white paper marks its 18th anniversary. On October 31, 2008, Satoshi Nakamoto published a nine-page white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," proposing the concept of electronic value transfer without the need for traditional financial intermediaries. Coinbase, Tether, Uphold, and Michael Saylor among others, posted articles on platform X to commemorate this occasion. According to CoinMarketCap data, Bitcoin is currently trading at $77,310, with a total market value of about 1.55 trillion dollars.
U.Today
·2026-10-31 23:52:37
22
CFTC Chairman Says Binance Hacker Attack Indicates That Offshore Exchanges Need US Regulation
Michael Selliger, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the $6.4 billion hack incident at Binance “precisely demonstrates” the necessity of the crypto market regulations proposed by the agency this month. He described the attack as being more likely caused by a vulnerability introduced through a laptop rather than a flaw in the blockchain itself; however, Binance later indicated that the investigation had uncovered “more entry points” for the attack.
Decrypt
·2026-10-31 23:10:23
28
View More