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Crypto fund fraud conviction: Dillman faces 20 years over fake Autotrader bot

The Cryptonomist·August 25, 2026·1 min read
Crypto fund fraud conviction: Dillman faces 20 years over fake Autotrader bot

A federal jury in San Francisco convicted Japheth Dillman, 48, founder of Block Bits Capital, for crypto fund fraud. Prosecutors showed he sold investors on trading software he knew never worked. The verdict closes a case stretching back nearly a decade.

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