BitcoinEthereumNews·May 12, 8:43 AM

“I Failed Them”: Goliath CEO Apologizes Over $328M Ponzi Scheme

The post “I Failed Them”: Goliath CEO Apologizes Over $328M Ponzi Scheme appeared on BitcoinEthereumNews.com. Authorities claim Delgado lured investors with promises of guaranteed monthly returns through crypto liquidity pools, while using investor funds to sustain the scheme and finance luxury spending. Delgado publicly apologized in a televised interview, stating that investors trusted him and that he failed them.  Ex-Goliath CEO Faces Prison Christopher Delgado, the former chief executive of Goliath Ventures, publicly apologized to investors after US prosecutors accused him of operating a massive $328 million cryptocurrency investment Ponzi scheme.  In an interview that aired Monday by ABC-affiliated television station WFTV, Delgado admitted that investors trusted him and said he failed them. He explained that he wanted to speak publicly to share his side of the story “from beginning to end” and express remorse for the financial damage allegedly caused to hundreds of victims. Federa