U.S. Authorities Charge Founders Of Collapsed Crypto Startup Bitwise!
In a stunning development, the U.S. Securities and Exchange Commission (SEC) has filed charges against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno-based tech startup Bitwise Industries Inc. The allegations suggest the duo engaged in deceitful practices to mislead investors about the financial status of the company. Both Soberal and Olguin have agreed to a settlement of these charges.