Over Memorial Day weekend 2023, senior reporter Tim Sheehan received a call from a Bitwise representative – the cofounders of the decade-old company wanted to talk for an exclusive story. What came ...

FRESNO, Calif. (KFSN) -- A 31-year-old man admitted he defrauded investors with loans made to the failed Fresno-based startup company -- Bitwise. Andrew Adler pleaded guilty on Monday to conspiracy to ...

Bitwise co-founders Jake Soberal and Irma Olguin Jr. walk out of the Robert E. Coyle Federal Courthouse in Fresno following their first court appearance on Nov. 9, 2023, on criminal allegations of ...

FRESNO, Calif. (KFSN) -- Bitwise Industries was once a nationally recognized company for its efforts in providing tech opportunities to communities like Fresno but has since fallen on hard times. The ...

As the president and CEO of the Kern County Veterans Chamber of Commerce, I find myself reflecting on the recent federal prison sentences handed down to the former CEOs of Bitwise Industries. While ...

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 ...

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 tens ...