Crypto Fraud

AI tools are making impersonation scams cheaper, more personalized and more convincing across digital asset workflows. For advisors, the strongest defense is not better fake detection, but stricter verification, dual authorization and independent reconciliation.

Former Goliath Ventures CEO Christopher Alexander Delgado has pleaded guilty to fraud and money laundering tied to a $400 million crypto Ponzi scheme. He admitted the scam caused at least $250 million in losses and agreed to forfeit luxury assets ahead of October 8 sentencing.

Chinese businessman Miles Guo has been sentenced to 30 years in prison after his conviction in a sweeping fraud case tied to the H-Coin scheme. The ruling closes a major chapter in a case that drew attention for his political connections and alleged investor deception.