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Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

Bitcoin.com News·August 24, 2026·1 min read
Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud counts after prosecutors showed nearly $1 million from investors went into a crypto trading operation with an automated system that never existed. The verdict came from the U.S. District Court for the Northern District.

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