A Florida man accused of running what is arguably the largest crypto-linked Ponzi scheme involving $328 million has been arrested, federal prosecutors said Wednesday.

Christopher Alexander Delgado, 34, of Apopka, Florida, was taken into custody on a criminal complaint charging him with wire fraud and money laundering, according to the U.S. Attorney’s Office for the Middle District of Florida. If convicted on all counts, he faces up to 30 years in federal prison. A criminal complaint contains allegations, and Delgado is presumed innocent unless and until proven guilty.

According to a TRM Labs global report, pyramid and Ponzi schemes received approximately $6.1 billion in victim funds globally in 2025, a 49% increase from the previous…