It was alledged by the federal government, but it is no more an allegation because Christopher Delgado has said it is true. He was using people's money to pay other people which is exactly what ponzi scheme is.
This is a ponzi scheme, he just rebrand it...Christopher has attests to it, so it's no longer an allegation, because it's what he does to recycle funds within people who believe that they're investing in bitcoin, so for me, it's a rebranded scam...
Sometimes I blame people for been a victim of wrong bitcoin investment...Bitcoin investment can done between the investor and exchange, it's just to get registered in Binance and undergoes a KYC only, so that investor can buy and sell bitcoin...but they choose to invest on someone..For me, they invest out ignorance...And that's why they keep investing wrongly...