Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes
A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around an automated system that never existed. Law360 reporter Bonnie Eslinger reported on the verdict Monday from the U.S. District Court for the Northern District of […]
Key Takeaways
- A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around an automated system that never existed.
- Law360 reporter Bonnie Eslinger reported on the verdict Monday from the U.S.
- District Court for the Northern District of […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.