Tag: Irma Olguin

U.S. Authorities Charge Founders Of Collapsed Crypto Startup Bitwise!

Bankruptcies tamir - November 10, 2023

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.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.