Bitwise Industries co-founders and co-CEOS Jake Soberal, left, and Irma Olguin Jr. announce the company’s expansion into new cities in Colorado, New Mexico, New York, Texas and Wyoming in a ...

F RESNO, Calif. – The two former Bitwise CEOs, Jake Soberol and Irma Olguin Jr., pleaded guilty on Wednesday in federal court as part of a plea agreement they made following the fall of the tech ...

FRESNO, Calif. (KSEE/KGPE) – The former co-CEOs of the now defunct Bitwise Industries, Jake Soberal and Irma Olguin Jr., were sentenced to years behind bars in federal court in Fresno on Tuesday.

Bitwise collapsed in May 2023, forcing 900 people out of work and triggering a wave of revelations that Soberal and Olguin had created a web of lies to defraud people of more than $115 million.

ORIGINAL STORY: Federal prosecutors will ask a judge on Tuesday to sentence convicted white-collar criminals Jake Soberal and Irma Olguin Jr., founders of the failed Bitwise Industries ...

Jake Soberal and Irma Olguin Jr., the disgraced co-founders and co-CEOs of Bitwise Industries, were sentenced Tuesday to federal prison for their roles in masterminding a fraud scheme that bilked ...

Irma Olguin Jr, co-founder of Bitwise Industries How Irma got involved in technology was an accident. She chose her major based on her desire to work in the beautiful glass building that she later ...

Two more people connected with Bitwise Industries have been charged by federal prosecutors a month and a half after the Fresno-based company's founders were sentenced to prison. Acting U.S. Attorney ...

Bitwise co-founders Irma Olguin Jr. and Jake Soberal walk out of the Robert E. Coyle Federal Courthouse in Fresno, where they pleaded guilty to wire fraud charges and agreed to pay millions in ...

Bitwise Industries, which provides paid apprenticeships ... serve and getting started in new communities,” said Irma Olguin Jr., CEO and co-founder, Bitwise Industries. “Bitwise is a vehicle ...