Goliath Ventures files for bankruptcy reorganization; the company is suspected of being involved in a $328 million Ponzi scheme.

DeepFlowTech · 2026-03-28T12:52:03+00:00

Florida-based crypto company Goliath Ventures files for bankruptcy over $328 million Ponzi scheme, with over 2,000 victims and significant losses. The former CEO has been arrested for fraud and faces serious charges, and JPMorgan Chase is also facing a class-action lawsuit.

DeepFlowTech

2026-03-28 12:52:03

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Deep Tide TechFlow news, March 28, according to The Street, the crypto company Goliath Ventures in Florida has filed for Chapter 11 bankruptcy reorganization with the U.S. Bankruptcy Court for the Southern District of Florida. The company is alleged to be connected to a $328 million Ponzi scheme, with over 2,000 victim investors. Among them, Gregory Wilson reportedly lost about $8.74 million, and John Euliano reportedly lost about $1.28 million. Additionally, earlier this month, a group of plaintiffs filed a class-action lawsuit against JPMorgan Chase, accusing it of turning a blind eye to suspicious transactions involving Goliath Ventures.

Previously, it was reported that Goliath Ventures’ former CEO, Christopher Alexander Delgado, was arrested on suspicion of involvement in a $328 million Ponzi scheme and faces charges including wire fraud and money laundering. Delgado allegedly lured victims by claiming to invest in crypto liquidity pools and promising monthly returns, but the funds were reportedly used to pay returns to early investors, purchase luxury homes, and fund lavish activities.

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