Sentencing

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.