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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.
The SEC, in its own complaint filed with the federal court, stated that Soberal and Olguin conducted an offering Bitwise stock in 2022 to raise funds to cover operating expenses, generating about ...
The disgraced co-founders behind Fresno-based Bitwise Industries, the now-defunct startup whose collapse last year after a glitzy expansion into Bakersfield cost investors an estimated $115 ...
It was a position in which she became a poster child for the company’s diversity: a self-described “queer Latinx” woman leading a company in the male-dominated technology industry.
Authorities reported that they could each face a maximum penalty of 20 years in prison.
The company operates from an office in Bengaluru’s Ibbaluru, Bellandur area. [4] [8] In August 2023, it was announced Navi Group had sold Chaitanya Microfinance to the Mumbai-headquartered microfinance company, Svatantra Microfin for $178.5 million.[30] On 12 March 2022 Navi filed a draft for an INR 3350 crore IPO. [9]
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.
Former employees of Fresno-based Bitwise Industries, the bankrupt technology training, tech services and real estate development company, are getting in line in a federal bankruptcy court to see ...