Christopher Delgado, the former CEO of Goliath Ventures, has publicly apologized to investors following accusations by U.S. prosecutors of operating a Ponzi scheme involving approximately $328 million. According to ChainCatcher, Delgado expressed regret for betraying investors' trust and stated that he has voluntarily returned to the United States to face charges of fraud and money laundering.
Prosecutors allege that from January 2023 to January 2026, Delgado promised investors fixed monthly returns under the guise of 'crypto liquidity pool investments,' while actually using funds from new investors to pay returns to earlier investors. Additionally, U.S. prosecutors claim that some of the funds were used to purchase Florida real estate valued at $14.5 million and to host lavish events and trips. Delgado is currently out on bail and, if convicted on all charges, could face up to 30 years in federal prison.