Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case
Christopher Delgado allegedly used investor funds for a lavish lifestyle, including luxury properties and vehicles, while running a fraudulent scheme from 2023 to 2026.
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Summary
- Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to fraud and money laundering in a $400 million crypto Ponzi scheme.
- Delgado allegedly used investor funds for a lavish lifestyle, including luxury properties and vehicles, while running a fraudulent scheme from 2023 to 2026.
- He admitted to causing at least $250 million in losses and agreed to forfeit luxury assets; his sentencing is scheduled for October 8.
