Crypto Fund Founder Convicted of Fraud over Fake Trading Bot

In brief #FBI #SF Case Update: A federal jury has convicted Japheth Dillman, founder of the cryptocurrency trading fund Block Bits Capital, for defrauding investors. Dillman falsely claimed the fund used advanced algorithmic trading to generate returns In reality, h

In brief #FBI #SF Case Update: A federal jury has convicted Japheth Dillman, founder of the cryptocurrency trading fund Block Bits Capital, for defrauding investors.

Dillman falsely claimed the fund used advanced algorithmic trading to generate returns

In reality, he misled investors and… pic. — FBI SanFrancisco (@FBISanFrancisco) August 25, 2026

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