Two partners in a San Francisco-based cryptocurrency trading fund have been charged with fraud after allegedly misrepresenting the fund’s technological capabilities and investment practices. San Francisco resident Japheth Dillman and 42-year-old David Mata, of Spokane Washington, both former general partners of Block Bits Fund I, LP, are accused of bending the truth to fraudulently obtain $960K from approximately 22 investors from at least June 2017 to July 2018.

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