Former Goliath Ventures CEO arrested in alleged $328M Ponzi scheme

Christopher Alexander Delgado, the former CEO of crypto investment firm Goliath Ventures, has been arrested in connection with an alleged $328 million Ponzi scheme, Decrypt reported. He is accused of raising approximately $328 million from investors and using the funds to carry out the fraudulent scheme. One investor is said to have lost around $720,000 in the process.