According to the U.S. Department of Justice, Goliath Ventures CEO Christopher Alexander Delgado has been arrested by federal authorities on charges of wire fraud and money laundering. The indictment reveals that between January 2023 and January 2026, Delgado operated a 'Ponzi scheme' through Goliath Ventures, luring victims with promises of high monthly returns from cryptocurrency 'liquidity pools,' illegally obtaining at least $328 million. The funds were not invested in liquidity pools as promised but were instead used primarily to pay fake returns to early investors, fund lavish social events, and purchase multiple properties and 11 luxury cars. Delgado has pleaded guilty to three charges, and the sentencing hearing is scheduled for October 8, 2026. https://www.(wublock123.com)/news/news-63769