CEO Arrested in $328M Crypto Scam

Christopher Alexander Delgado, 34, has been arrested in Apopka on a federal wire fraud and money laundering complaint. He is accused of orchestrating a $328 million Ponzi scheme through his company, Goliath Ventures, formerly Gen-Z Venture Firm. From January 2023 to January 2026, Delgado allegedly lured investors with false promises of monthly returns from cryptocurrency liquidity pools.

Instead of legitimate investments, most funds were channeled to pay earlier investors or satisfy withdrawal requests, operating as a classic Ponzi scheme. Delgado allegedly built credibility through extensive marketing, referrals, sponsorships, and luxury events. Federal investigators revealed that some of the $328 million collected was used for Delgado's personal benefit and lavish company expenditures, including luxury travel and four residential properties valued between $1.15 million and $8.5 million.