Former CEO of Goliath Ventures publicly apologizes and is charged with operating a $328 million crypto Ponzi scheme

Comparing news, Christopher Delgado, the former CEO of Goliath Ventures, recently publicly apologized to investors. The US prosecution charged that the operation involved about $328 million in crypto Ponzi schemes. Delgado stated that he had betrayed the trust of investors and claimed that he had voluntarily returned to the US to face charges of fraud and money laundering.

According to the prosecution, between January 2023 and January 2026, it promised fixed monthly returns to investors under the name of “crypto liquidity pool investment,” but actually used subsequent funds to pay returns to previous investors. The US prosecution also alleges that part of the money was used to purchase Florida properties worth a total of 14.5 million US dollars, as well as to host luxury events and trips. Delgado is currently on bail and faces up to 30 years in federal prison if all charges are found.