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Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
That’s where Fresno-based BW Industries Inc., the embattled parent company of Bitwise Industies and other associated companies, was incorporated and filed for bankruptcy on June 28.
The company, NICbyte LLC, alleges that it also has 95% ownership of other Bitwise buildings in Bakersfield and Oakland. A summary of the assets and liabilities listed in bankruptcy court documents ...
Bitwise Industries founders and former co-CEOs surrendered to federal authorities Thursday on a wire fraud charge related to what an agent described “an unsustainable Ponzi scheme” that came ...
Bitwise co-founders Irma Olguin Jr. and Jake Soberal told the FBI that they forged bank statements, misled investors and inflated company revenues as they tried to salvage their startup company.
In November 2019 and December 2020, Soberal – as Bitwise’s co-CEO – signed off on a lease and, later, a lease addendum, for Bitwise to lease the building from the partnership for 20 years.
Navi is an Indian financial services company founded by Sachin Bansal [1] and Ankit Agarwal in 2018. Navi operates in the space of digital Loans, home loans , [ 2 ] mutual funds , health insurance , digital gold and UPI.
1723 18th Street LLC: Real estate holding company, organized 2022. BITWISEBKF LLC: Technology company, organized 2019, terminated 2023. Bitwise Coworking LLC: Shared working environments ...