Florida Man Charged With Running $328 Million Crypto Ponzi Scheme (Goliath Ventures)

Federal prosecutors say Christopher Alexander Delgado, 34, was arrested in Florida on charges that he ran a $328 million crypto-linked Ponzi scheme through his company, Goliath Ventures.

Authorities allege Delgado promised investors “guaranteed” or low-risk monthly returns of 3 to 8 percent from cryptocurrency liquidity pools, but instead used new investor money to pay earlier participants and fund withdrawals.

Investigators say blockchain analysis shows only about $1.5 million was sent to a crypto platform, with most funds never placed into liquidity pools. Delgado was arrested on Wednesday and subsequently released on a $1 million bond. This is arguably the largest crypto-linked Ponzi scheme, according to federal prosecutors.
 
Prosecutors allege Delgado served as president and CEO of Goliath Ventures, formerly known as Gen-Z Venture Firm, from January 2023 through January 2026. During that period, authorities claim he raised at least $328 million from investors by promising monthly returns generated through cryptocurrency “liquidity pools,” sometimes described as “guaranteed” or “low risk,” with contracts promising monthly returns of roughly 3% to 8%. Instead of investing the funds as represented, prosecutors say Delgado allegedly operated Goliath as a Ponzi scheme, using money from new investors to pay purported returns to earlier backers and to meet withdrawal requests.
 
If you have invested with Goliath Ventures and Mr. Delgado, please contact our office for a complimentary case evaluation. Thank you.