Federal authorities have arrested Christopher Alexander Delgado, founder and CEO of Goliath Ventures, on federal charges related to an alleged $328 million crypto Ponzi scam, the U.S. Department of Justice announced.
Goliath Ventures CEO arrested in $328 million crypto scam
Delgado, 34, of Apopka, Florida, was taken into custody following a criminal complaint filed in the United States District Court for the Middle District of Florida, where he is charged with wire fraud and money laundering.
If convicted on all counts, he faces up to 30 years in federal prison.
Prosecutors say Delgado’s scheme ran from January 2023 to January 2026, during which he solicited investors to invest money in so-called cryptocurrency “liquidity pools” that promised stable monthly returns. In reality, federal officials say only about $1 million of the funds were actually invested in legitimate crypto assets.
Most of the more than $300 million collected from victims was used to pay off previous investors and fund Delgado’s lavish lifestyle, including luxury trips, company-sponsored events and multimillion-dollar home purchases in Central Florida.
According to court filings, the victims were lured by personal references, slick marketing materials and high-end networking events aimed at projecting their legitimacy. When the scheme unraveled, investors seeking to withdraw faced delays, inconsistent explanations, and restricted access to account information.
Federal law enforcement agencies, including IRS Criminal Investigation and Homeland Security Investigations, conducted the investigation. Victims are being informed of their rights under the Crime Victims’ Rights Act, and authorities have invited potentially unidentified victims to come forward.
The arrest constitutes one of the largest cases of alleged crypto-related fraud in recent years and highlights ongoing regulatory and criminal scrutiny of digital asset investment programs.