[Goliath Ventures Files for Bankruptcy Reorganization, Founder Previously Arrested for Alleged $328 Million Ponzi Scheme] BlockBeats News, March 28: According to a report by The Street, Florida-based crypto company Goliath Ventures has filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court for the Southern District of Florida. The company is allegedly linked to a $328 million Ponzi scheme, with over 2,000 victimized investors. Among them, Gregory Wilson reportedly lost approximately $8.74 million, while John Euliano lost about $1.28 million. Additionally, a class-action lawsuit was filed against JPMorgan Chase in early April, accusing the bank of turning a blind eye to suspicious transactions involving Goliath Ventures. Earlier reports indicated that former Goliath Ventures CEO Christopher Alexander Delgado was arrested for his alleged involvement in the $328 million Ponzi scheme and faces charges of wire fraud and money laundering. Delgado allegedly lured victims by promoting investments in crypto liquidity pools and promising monthly returns, but the funds were instead used to pay returns to earlier investors, purchase luxury properties, and fund extravagant activities.