US regulators CFTC and SEC have filed actions against Goliath Ventures and its CEO Christopher Alexander Delgado for an alleged crypto Ponzi scheme. The company allegedly raised between $397 million and $425 million from 1,300 to 1,600 investors, promising monthly returns of 3 to 10 percent. According to the SEC, funds were not invested in liquidity pools but were used to pay returns to earlier investors. The CEO allegedly misappropriated at least $51 million for personal use, including homes, luxury vehicles, a yacht and travel. The scheme collapsed in November 2025, and Delgado has agreed to a settlement that permanently bars him from securities-related activities.
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