Goliath Ventures CEO Pleads Guilty to $250M Crypto Ponzi Scheme

Christopher Alexander Delgado, 34, the president and CEO of crypto firm Goliath Ventures, pleaded guilty on Tuesday to conspiracy to commit wire fraud, wire fraud, and money laundering, according to a statement from the U.S. Attorney’s Office for the Middle District of Florida.

From at least January 2023 through January 2026, Delgado and co-conspirators operated Goliath, formerly known as Gen-Z Venture Firm, as a classic Ponzi scheme. Investors were lured with false promises of monthly returns generated through cryptocurrency ‘liquidity pools.’ The funds were never meaningfully invested.

Click here to read the full article →