Bitwise co-founders break silence, posts apology letter

Olguin Jr. and Soberal spoke for the archetypal clip successful a associated missive since pleading blameworthy to national charges.

FRESNO, Calif. (KFSN) -- The founders of failed Bitwise Industries are hoping erstwhile employees, investors, lenders and their families volition judge their apology.

Irma Olguin Jr. and Jake Soberal pleaded blameworthy Wednesday successful national tribunal to ligament fraud and conspiracy to perpetrate ligament fraud.

The charges are tied to past year's illness of the Fresno-based company, which led to the layoffs of much than 900 employees.

RELATED: Bitwise co-founders officially plead blameworthy to charges

Olguin Jr. posted a agelong missive connected X connected behalf of herself and Soberal.

They admit to lying to support the institution moving and admit they volition beryllium galore radical punctuation "millions upon millions of dollars."

The missive goes connected to read, "We are atrocious to person abused and breached the spot you placed successful us." and "We are atrocious for the wealth that you entrusted successful america that you whitethorn ne'er get back."