Federal authorities arrested Christopher Alexander Delgado, alleging Goliath Ventures operated as a Ponzi scheme from January 2023 to January 2026. Prosecutors allege victims were promised monthly returns funded through cryptocurrency “liquidity pools,” with proceeds allegedly used to sustain the scheme and for the defendant’s benefit.

The U.S. Department of Justice announced the arrest of Christopher Alexander Delgado in connection with allegations that his company, Goliath Ventures, ran a large cryptocurrency-based Ponzi scheme. According to federal prosecutors, the alleged scheme operated from January 2023 through January 2026 and promised investors recurring monthly returns. Prosecutors say those return payments were allegedly generated through purported cryptocurrency “liquidity pools,” a mechanism described as producing returns while actually serving to mislead investors. The government alleges that investor funds were used to perpetuate the scheme and to benefit the principal. The filing claims the conduct involved the use of cryptocurrency tied to the purported investment strategy, with the promise of regular payouts functioning as a lure to attract and retain victims. As the case proceeds, the government will seek to prove the allegations through evidence gathered during an investigation into the company’s operations and the flow of funds. The DOJ action underscores the continued risk of fraud schemes that market crypto products with unrealistic, fixed payout structures.