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SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
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SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending. The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits on Tuesday against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million. The SEC said Goliath raised at lea
Read original article →Source: cointelegraph