Goliath Ventures and founder Christopher Delgado face parallel civil actions from two U.S. market regulators, adding to a federal criminal case in which Delgado has already pleaded guilty.
Summary
- SEC says Goliath Ventures raised at least $425 million from more than 1,300 investors through offerings.
- CFTC says about 1,600 customers contributed at least $397 million for purported crypto asset trading.
- Christopher Delgado admitted causing at least $250 million in losses after pleading guilty in June.
- Delgado agreed to settle the SEC case, while the CFTC seeks restitution, penalties and bans.
- Federal prosecutors now list Delgado’s sentencing for October 21 as the criminal…
