Goliath Ventures CEO pleads guilty to running $400M crypto Ponzi scheme

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Christopher Delgado, CEO of Goliath Ventures, has pleaded guilty in connection with a $400 million cryptocurrency Ponzi scheme. The fraudulent operation ran from 2023 to 2026, during which investors were deceived into putting money into the venture. Instead of investing the funds legitimately, Delgado allegedly used the money to fund a lavish personal lifestyle. This included purchases of luxury real estate and high-end vehicles at the expense of his investors.

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