Wu Blockchain reports that the CFTC has filed a lawsuit against Goliath Ventures Inc. and its CEO Christopher Delgado, accusing them of running a Ponzi scheme under the guise of Bitcoin, Ethereum, and other crypto asset trading. Approximately 1,600 clients collectively invested at least $397 million. According to the CFTC, all client funds were misappropriated, including being used to pay fake returns to early clients and fund Delgado's personal luxury expenses. Investors were misled through promises of guaranteed returns and false account statements. The CFTC is seeking restitution for client losses, disgorgement of ill-gotten gains, civil penalties, and bans on trading and registration. Delgado already pleaded guilty to related federal criminal charges in June 2026, and the SEC filed a civil lawsuit against Delgado and Goliath on August 11. https://(wublock123.com)/news/cftc-sues-goliath-ventures-ceo-4bn-crypto-ponzi-66334