Regulators filed civil suits against Goliath Ventures and founder Christopher Delgado, alleging the firm raised at least $425M from 1,300+ investors by promising 3–10% monthly returns from crypto liquidity pools while actually running a Ponzi structure. Combined investor losses are estimated at $250M–$397M.
Matters because: It is a reminder that yield-promising, opaque crypto investment schemes remain an active enforcement priority.