Svmuu News: Christopher Alexander Delgado has been charged by the U.S. Attorney’s Office for the Middle District of Florida with allegedly operating a Ponzi scheme through Goliath Ventures (formerly known as Gen-Z Venture Firm), involving approximately $328 million. Prosecutors allege that he used investor funds to pay returns to early investors and to finance lavish business gatherings, holiday parties, and luxury travel. Additionally, Delgado is accused of using investor funds to purchase four residential properties in Winter Park, Kissimmee, Windermere, and Sanford, valued between $1.15 million and $8.5 million. The scheme was carried out by promoting crypto liquidity pools to victims and promising monthly returns; in reality, most of the funds were not invested in liquidity pools, with only about $1.5 million transferred to the decentralized exchange Uniswap. Victims include an investor who lost approximately $720,000. Prosecutors have notified victims of their rights under the Crime Victims’ Rights Act and have invited unidentified victims to come forward via a dedicated website. (Decrypt)