Christopher Delgado, former CEO of Goliath Ventures, has publicly responded to federal charges of operating a cryptocurrency Ponzi scheme. The U.S. Department of Justice accuses Delgado and associates of raising over $300 million from investors since 2019, promising "low-risk" returns of 3%-8% monthly, with a minimum investment of $100,000. Delgado, who returned to the U.S. from Dubai to surrender after learning of the federal investigation, is currently under house arrest. He admitted that substantial funds were used for employee payments and operational expenses, and apologized to investors for the losses.