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$51M for Homes, Cars, and a Yacht: Regulators Target Goliath, CEO Delgado


$51M for Homes, Cars, and a Yacht: Regulators Target Goliath, CEO Delgado

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Goliath Ventures and CEO Christopher Alexander Delgado are facing actions from two US financial regulators over the same alleged crypto Ponzi scheme, with the moves coming two months after Delgado pleaded guilty in the case. The dual enforcement actions highlight increased regulatory and legal risk for crypto firms and could dampen investor confidence and fundraising in the sector.

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Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme.

The actions came two months after Delgado pleaded guilty to charges in the case.

Read the article at CryptoPotato

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