Bitwise Industries founders Irma Olguin, Jr. and Jake Soberal were charged by federal authorities for their roles in a $100 million fraud scheme.

The once buzzing Bitwise Industries is now physically gone across Fresno.

Irma Olguin Jr. and Jake Soberal, co-founders of the Fresno-based tech startup Bitwise, were charged with fraud by a federal prosecutor and the SEC.

Newly uncovered legal documents show more legal trouble for Bitwise after company-wide furloughs were announced.