Gate News reports that on March 28, according to The Street, the U.S. cryptocurrency company Goliath Ventures in Florida filed for Chapter 11 bankruptcy reorganization with the U.S. Bankruptcy Court for the Southern District of Florida. The company is accused of being involved in a $328 million Ponzi scheme, with over 2,000 victims. Among them, investor Gregory Wilson lost approximately $8.74 million, and John Euliano lost about $1.28 million. Earlier this month, plaintiffs filed a class action lawsuit against JPMorgan Chase, alleging that the bank ignored suspicious transactions related to Goliath Ventures. Previously, Goliath Ventures’ former CEO, Christopher Alexander Delgado, was arrested on charges related to the Ponzi scheme, facing accusations of wire fraud and money laundering. Delgado lured victims by claiming he would invest in crypto liquidity pools and promise monthly returns, but the funds were actually used to pay early investors, purchase luxury homes, and fund extravagant activities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
