company
Goliath Ventures
Goliath Ventures, formerly known as Gen-Z Venture Firm, told investors it would place their money in cryptocurrency liquidity pools. Court documents describe the company as a Ponzi scheme that ran from at least January 2023 through at least January 2026. Christopher Alexander Delgado, who was its president and chief executive, pleaded guilty on June 30, 2026.
Key facts
- Guilty plea
- June 30, 2026, to conspiracy to commit wire fraud, wire fraud, and money launderingsource
- Operating period, per court documents
- From at least January 2023 through at least January 2026source
- Investor payments identified
- At least $400 million paid by investors to Goliathsource
- Admitted investor losses
- A minimum of $250 millionsource
- Maximum penalty
- 20 years in federal prison for each fraud count and up to 10 years' imprisonment for the money laundering countsource
WYDE coverage of Goliath Ventures
Sources
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