According to ChainCatcher, Goliath Ventures ex-CEO Christopher Delgado recently apologized to investors after being charged by U.S. prosecutors with operating a $328 million cryptocurrency Ponzi scheme. Delgado stated he betrayed investor trust and voluntarily returned to face fraud and money laundering charges.
Prosecutors allege that between January 2023 and January 2026, Delgado promised investors fixed monthly returns through “crypto liquidity pool investments” but used subsequent funds to pay earlier investors. The defendant faces up to 30 years in federal prison if convicted. Delgado is currently released on bail.
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