Svmuu News: Investors filed a class-action lawsuit on Tuesday in the U.S. District Court for the Northern District of California, alleging that JPMorgan failed to stop suspicious transactions in a $328 million crypto Ponzi scheme operated by the now-defunct Goliath Ventures, and allowed the company to use its banking infrastructure to collect funds from investors. The complaint alleges that JPMorgan served as Goliath’s sole bank from January 2023 through May or June 2025, during which time Goliath raised at least $328 million from more than 2,000 investors.Of that amount, approximately $253 million was deposited into JPMorgan’s 0305 account, and approximately $123 million was transferred to a wallet held by Goliath at Coinbase. Previously, on February 24, the U.S. Attorney’s Office for the Middle District of Florida announced the arrest of Goliath CEO Christopher Delgado, who faces up to 30 years in federal prison.Prosecutors allege that Goliath (formerly known as Gen-Z Venture Firm) operated the scam from January 2023 to January 2026. Another criminal complaint reveals that Goliath also maintained a business account at Bank of America, with Delgado listed as a joint signatory on the account.