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Bitwise Plea Deals Are In. Will Soberal, Olguin Serve Jail Time?

Two former CEOs could serve five years in prison for a scheme that sank Bitwise Industries — a once-promising Fresno technology and real est...

Bitwise Plea Deals Are In. Will Soberal, Olguin Serve Jail Time?

Two former CEOs could serve five years in prison for a scheme that sank Bitwise Industries — a once-promising Fresno technology and real est...

/ 7 hours ago

Merced’s Former Bitwise Building Gets a New Tenant. Who’s Taking It Over?

MERCED — A little more than a year after Fresno-based Bitwise Industries collapsed, the building it once occupied in the heart of Merced is ...

/ 3 days ago

Ex-Bitwise CEOs Agree to Plea Deals. When Are They Back in Court?

As speculated for months, the two former Bitwise Industries CEOs are taking plea deals and will appear in court July 17. Related Story: Bitw...

/ 2 weeks ago

After Bitwise: Many Employees Need to Enhance Skills to Match Their Old Salaries

On a hot Fresno afternoon in the Tower District, a half-dozen former Bitwise Industries employees gathered earlier this month. At an event o...

/ 1 month ago

Bitwise CEOs Criminal Hearing Delayed Again. Plea Deal Near?

A change in plea could be coming for the two former CEOs of Bitwise Industries, but it will not happen on Thursday as planned. Jake Soberal ...

/ 2 months ago

Is a Bitwise Plea Bargain in the Works?

The latest filing in the criminal case against the former CEOs of Bitwise Industries indicates a plea bargain may be coming. U.S. Magistrate...

/ 4 months ago

Fresno Bank Sued. It Allegedly Helped Bitwise Commit Fraud.

â– Central Valley Community Bank faces a lawsuit related to Bitwise’s financial meltdown. â– Former Bitwise business partner accuses the b...
Bitwise

/ 4 months ago

Ex-Bitwise Employees Can Access 401(k)s, Says Former Company Exec

The retirement money former Bitwise employees had been stashing during their tenure with the now-defunct tech company appears to be availabl...

/ 5 months ago

Bitwise Judgment Comes Down: SEC Ruling Bans Soberal from Work with Securities

A federal judge has issued a judgment in the Security and Exchange Commission’s case against Bitwise’s co-CEO Jake Soberal, bann...

/ 5 months ago

Will Bitwise Employees, Lenders Get Money Back? Mediation Starts.

Dozens of attorneys involved in the Bitwise Industries bankruptcy and subsequent lawsuits meet in New York starting Tuesday for mediation he...

/ 6 months ago

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