Goliath Ventures’ founder ran the Ponzi scheme.
This is one of the reasons JPMorgan Chase has been sued:
JPMorgan Chase, by virtue of its Know Your Customer actually knew that Goliath was acting as a ‘private equity’ cryptocurrency pool operator investing money for investors, without being licensed at all to sell these investments,” the complaint states.
You can read about it further:
https://cointelegraph.com/news/jpmorgan-328-million-crypto-ponzi-scheme-goliathChristopher Alexander Delgado, the CEO of Orlando-based Goliath Ventures (formerly Gen-Z Ventures) has been arrested in February 2026. He faces charge of 30 years in prison.
