SEC and CFTC accuse Goliath Ventures of misleading investors with crypto returns as CEO Delgado allegedly took $51 million personally.

Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme.

The actions came two months after Delgado pleaded guilty to charges in the case.

Regulators Target Goliath

The Commodity Futures Trading Commission filed a complaint against the company and Delgado in the US District Court for the Middle District of Florida. The Securities and Exchange Commission filed separate charges on the same day.

The regulators allege that Goliath raised hundreds…