Bitwise Archives

Who Is First in Line to Get $115 Million Restitution From Former Bitwise CEOs?

As part of their guilty plea agreement to wire fraud, the former CEOs of Bitwise Industries agreed to pay up to $115 million restitution to ...

Who Is First in Line to Get $115 Million Restitution From Former Bitwise CEOs?

As part of their guilty plea agreement to wire fraud, the former CEOs of Bitwise Industries agreed to pay up to $115 million restitution to ...

Bitwise

/ 4 days ago

Community Reacts to Social Media Apology From Guilty Bitwise CEOs

The criminally guilty former CEOs of Bitwise Industries have admitted to former employees they may never receive money owed to them. And the...

Bitwise

/ 1 week ago

I Am a Former Bitwiser and This Is My Story

It felt like Disneyland had moved to Fresno, but something was always a little off. At Bitwise Industries, we were pampered. Free drinks at ...

Opinion

/ 1 week ago

Stacks of Lies and Fake Documents: Prosecutors Detail the Fraud Hatched by Bitwise’s Guilty CEOs

After the former CEOs of Bitwise Industries entered guilty pleas to wire fraud and conspiracy on Wednesday morning at Fresno’s federal...

Bitwise

/ 1 week ago

Former Bitwise CEOs Answer ‘Guilty’ to Fraud Charges in Federal Court

The former CEOs of Bitwise Industries, accused of wire fraud and conspiracy in a $115 million scam that toppled the company, entered guilty ...

Bitwise

/ 1 week ago

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

/ 2 weeks 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 ...

Bitwise

/ 2 weeks 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...

Bitwise

/ 3 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...

Bitwise

/ 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 ...

Bitwise

/ 2 months ago

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Who Is First in Line to Get $115 Million Restitution From Former Bitwise CEOs?

Who Is First in Line to Get $115 Million Restitution From Former Bitwise CEOs?

/ 4 days ago

Community Reacts to Social Media Apology From Guilty Bitwise CEOs

/ 1 week ago

I Am a Former Bitwiser and This Is My Story

/ 1 week ago

Stacks of Lies and Fake Documents: Prosecutors Detail the Fraud Hatched by Bitwise’s Guilty CEOs

/ 1 week ago

Former Bitwise CEOs Answer ‘Guilty’ to Fraud Charges in Federal Court

/ 1 week ago

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

/ 2 weeks ago

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

/ 2 weeks ago

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

/ 3 weeks ago

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

/ 1 month ago

Bitwise CEOs Criminal Hearing Delayed Again. Plea Deal Near?

/ 2 months ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

Companies Cut Prices to Boost Sales, Consumers Respond

Stay Cool, Fresno!

Warner Bros. Discovery Sues NBA for Not Accepting Its Matching Offer

Tanker Plane Crash Kills Firefighting Pilot in Oregon as Western Wildfires Spread

Will Bonta Election Lawsuit Reverse the Will of Fresno County Voters?

Opening Ceremony Floats Down Seine as Paris Investigates Rail Sabotage

Council Rejects Luxury NW Fresno Apartment Project. What’s Next?

Stay Cool, Fresno!

Where Do Fresno Sex Offenders Live? Arias Rebuts Sheriff’s ‘False Narrative’

Watch: Breaking Down Netanyahu’s Speech in Congress

Brandau Wants County to Start Clearing Homeless Encampments

Ziveli Winery Is a Toast to Croatia in California’s Heartland

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