Bitwise CEOs Jake Soberal and Irma Olguin Jr. reach a plea deal

11 months ago 39
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FRESNO, Calif. (KSEE/KGPE) - The 2 erstwhile Bitwise CEOs, Jake Soberol and Irma Olguin, person reached a plea statement successful the charges filed against them successful national court.

According to prosecutors, Soberal and Olguin were charged with conspiring to perpetrate ligament fraud and taking much than $100 cardinal from assorted businesses and individuals. Those charges were announced successful November 2023.

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Documents filed successful national tribunal connected Tuesday authorities that "the parties person reached plea agreements to resoluteness the lawsuit and volition record the agreements with the Court shortly." Both Jake Soberal and Irma Olguiin Jr. were listed arsenic the defendants successful the case.

Details of the plea woody were not instantly available.

The papers filed successful national tribunal ends with the connection "the Court finds that the interests of justness served by granting this petition outweigh the champion interests of the nationalist and the suspect successful a speedy trial."

A alteration of plea proceeding successful national tribunal is scheduled for July 17, a preliminary proceeding is scheduled for July 18.

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