Plaintiff investors are running to Florida courts in efforts to claw back cash tied up in a $328 million cryptocurrency liquidity pool business federal prosecutors are calling a Ponzi scheme.
CEO of Goliath Ventures Christopher Alexander Delgado was arrested and posted a $1 million bond in Orlando Tuesday related to wire fraud and money laundering charges filed in the US District Court for the Middle District of Florida.
After pushing $1.5 million into a seemingly legitimate crypto exchange pool business—where investors collect profits from exchange fees based on their additions to the pool’s overall liquidity—the Justice Department alleges Delgado held ...