CoinWorld.net February 26 News: The U.S. Central Florida Federal Prosecutor's Office announced that Christopher Alexander Delgado, the former CEO of the crypto investment company Goliath Ventures, was arrested on charges of operating a $328 million Ponzi scheme. He faces wire fraud and money laundering charges, with a maximum sentence of 30 years in prison. The indictment shows that Delgado lured victims by promising to invest in crypto liquidity pools and offering monthly returns, but the funds were used to pay early investors, purchase luxury homes, and fund lavish events. The monthly returns received by investors were actually funded by later investors. Law enforcement has confirmed the victims will receive notices of their rights.

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