Bitwise

Former Bitwise CEOs Receive Stiff Federal Prison Sentences

The former CEOs of Bitwise Industries learned their fate for defrauding tech investors $115 million on Tuesday morning at the downtown Fresn...

Former Bitwise CEOs Receive Stiff Federal Prison Sentences

The former CEOs of Bitwise Industries learned their fate for defrauding tech investors $115 million on Tuesday morning at the downtown Fresn...

Bitwise

/ 3 months ago

What Is Justice in the Bitwise Case? 5 Years or 12 Years in Prison for CEOs?

Tuesday, Dec. 17, 2024, update with prison sentences for Jake Soberal and Irma Olguin Jr. at this link Original story The criminal former CE...

Crime

/ 3 months ago

Former Bitwise Employees Settle for $20 Million: Fresno Attorney

Nearly 18 months after Bitwise Industries went out of business, its former employees settled with the remnants of the company for $20 millio...

Bitwise

/ 4 months ago

Did Bitwise’s Soberal Apologize? Attorneys Ask For Sentencing Delay

Jake Soberal, the former Bitwise Industries co-CEO awaiting sentencing for fraud, apparently sent an apology email to at least one victim. M...

Bitwise

/ 5 months ago

Bitwise Settling With Employees for $20 Million. How Much Will Each Get?

It could be a happy holiday for nearly 700 former Bitwise Industries employees. The bankrupt company preliminarily has settled a class actio...

Bitwise

/ 7 months ago

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

/ 8 months 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

/ 8 months 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

/ 8 months 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

/ 8 months 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

/ 8 months ago

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Former Bitwise CEOs Receive Stiff Federal Prison Sentences

Former Bitwise CEOs Receive Stiff Federal Prison Sentences

/ 3 months ago

What Is Justice in the Bitwise Case? 5 Years or 12 Years in Prison for CEOs?

/ 3 months ago

Former Bitwise Employees Settle for $20 Million: Fresno Attorney

/ 4 months ago

Did Bitwise’s Soberal Apologize? Attorneys Ask For Sentencing Delay

/ 5 months ago

Bitwise Settling With Employees for $20 Million. How Much Will Each Get?

/ 7 months ago

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

/ 8 months ago

Community Reacts to Social Media Apology From Guilty Bitwise CEOs

/ 8 months ago

I Am a Former Bitwiser and This Is My Story

/ 8 months ago

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

/ 8 months ago

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

/ 8 months ago

Trump Wants to Fix US Lumber Industry. Home Prices Hang in the Balance.

Macron: Europe Must Prepare to Defend Ukraine Without US Aid

Madera County High-Speed Chase Ends in Crash, Arrest of Reckless Driver

Wired Wednesday: How Tariffs Could Impact California’s Agriculture

‘It Is a Labor of Love.’ New K-12 Curriculum on Hmong Culture Takes Center Stage

Tea Pot Dome Agrees to Pay $1.4M for Canal Fix, Share Pumping Data With Friant

LA County Sues Southern California Edison, Alleging Utility’s Equipment Sparked Wildfire

Instead of Policing Student Use of AI, California Teachers Need to Reinvent Homework

Wired Wednesday: How Tariffs Could Impact California’s Agriculture

Rep. Costa Says DOGE Is Making ‘Hasty,’ Uninformed Decisions

Mindy Casto Sworn in as 24th Fresno Police Chief

Costa Says Trump Laid Trap for Zelenskyy, Calls Conference a ‘Setup’

DACA Reform Gains Momentum. Valadao Says Program Fix Needed.

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