Overview
- Christopher Alexander Delgado, 34, the founder and CEO of Goliath Ventures, was arrested on federal wire fraud and money laundering charges and later released on a $1 million bond after his initial court appearance.
- Prosecutors allege the operation ran from January 2023 to January 2026, promising roughly 3%–8% monthly returns from “liquidity pools” while using new money to pay earlier investors and fund luxury events and travel.
- Blockchain analysis cited in court filings indicates about $1–$1.5 million was sent to Uniswap, with the vast majority of the $328 million not placed into liquidity pools.
- Court documents say investor funds were used to buy four homes in Winter Park, Kissimmee, Windermere and Sanford valued between approximately $1.15 million and $8.5 million.
- Local organizations moved to distance themselves as the probe continues, with the Orlando Economic Partnership removing Goliath from its site and Victoria’s Voice setting aside $250,000 it received, while DOJ, IRS-CI and HSI ask potential victims to contact Goliathvictims@ci.irs.gov.