PANews reported on May 12 that, according to Cointelegraph, former Goliath Ventures CEO Christopher Delgado, accused of fraud and money laundering in connection with a $328 million cryptocurrency Ponzi scheme, publicly apologized to investors in an interview with ABC's WFTV, saying, "They trusted me, and I let them down." Delgado claims he is voluntarily returning to the US to face the charges, which carry a maximum sentence of 30 years in prison if convicted.

The U.S. Attorney's Office has charged Delgado with defrauding investors of funds between January 2023 and January 2026 by offering monthly returns on crypto liquidity pools, and using some of the funds to purchase four Florida properties worth a total of $14.5 million. Delgado is currently out on bail, wearing an ankle monitor, and restrained within his 11,000-square-foot mansion, which is allegedly purchased with investor funds. Delgado claims that his company's accounts had only $160,000 remaining at the time of his arrest and states that he did not act alone and is cooperating with federal law enforcement in providing information.