RegulationBlock Bits CapitalTue, Aug 25, 2026, 2:56 PMNegative

Crypto Fund Founder Convicted of Fraud Over Fake Trading Bot

Japheth Dillman, founder of Block Bits Capital, was convicted of fraud for misleading investors about his trading software, 'Autotrader,' which he falsely claimed was operational. He raised nearly $1 million from over 20 investors based on these misrepresentations.

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