Former CEO of Goliath Ventures apologizes for $328 million crypto Ponzi scheme.

CoinFeed reported on May 12 that, according to Cointelegraph, former Goliath Ventures CEO Christopher Delgado, accused of fraud and money laundering in connection with a $328 million crypto investment Ponzi scheme, publicly apologized to investors in an interview with ABC's WFTV, saying, "They trusted me, and I let them down." Delgado claims he voluntarily returned to the US to face the charges, which carry a maximum sentence of 30 years in prison if convicted. The US Attorney's Office alleges that Delgado defrauded investors between January 2023 and January 2026 by offering monthly returns on crypto liquidity pools, and used some of the funds to purchase four properties in Florida worth a total of $14.5 million.