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Ponzi Scheme

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Goliath Ventures CEO Pleads Guilty in $400 Million Crypto Ponzi Case
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Goliath Ventures CEO Pleads Guilty in $400 Million Crypto Ponzi Case
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.