San Francisco-based gaming founder convicted of operating fraudulent crypto trading fund

First reported August 25, 2026 by The Block · covered by 2 sources

San Francisco-based gaming founder convicted of operating fraudulent crypto trading fund

Dillman faces a maximum penalty of 20 years and a $250,000 fine for each count of conviction, according to the DOJ.

DOJSan Francisco

Aug 25, 2026 · byThe Block

Crypto Fund Founder Convicted of Fraud Over Fake Trading Bot

Japheth Dillman told investors that Block Bits Capital's "Autotrader" software was finished and running, and took nearly $1 million.

Aug 25, 2026 · byDecrypt