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Former CEO Pleads Guilty in $400M Crypto Scam | Bitcoin and Crypto News
Description
Former Goliath Ventures CEO Christopher Delgado has pleaded guilty to a massive crypto fraud scheme that swindled at least $400 million from investors, admitting it caused $250 million in losses. He’s set to forfeit eight properties, eleven luxury cars, dozens of watches and bags, jewelry, and crypto holdings. Facing up to 20 years per fraud charge and 10 for money laundering, his sentencing is October 8th — a case that exposes the dangers of unregulated investment schemes and the reckoning that follows when promises shatter.
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