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Christopher Delgado, the former chief executive of Goliath Ventures, has pleaded guilty to fraud and money laundering in a case tied to a $400 million crypto Ponzi scheme.
As part of the plea agreement, Delgado agreed to forfeit properties, vehicles, luxury goods, and crypto wallets. Charges and Plea Delgado entered guilty pleas on counts of fraud and money laundering.
The $400 million figure associated with the case places it among the larger crypto fraud prosecutions on record, though the source does not specify how much of that total has been recovered or remains outstanding.
No sentencing date is available from the source. Assets Targeted for Forfeiture The forfeiture agreement encompasses four categories of assets: real properties, vehicles, luxury goods, and crypto wallets.
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