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Florida man arrested over alleged $328M crypto Ponzi scheme

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2 hours ago

A Florida man was arrested on federal charges related to an alleged cryptocurrency "Ponzi scheme" that defrauded investors of at least $328 million.The U.S. Attorney's Office for the Middle District of Florida said in a release Tuesday that Christopher Alexander Delgado, a 34-year-old from Apopka, Florida, was arrested on wire fraud and money laundering charges. If convicted on all charges, Delgado would face a maximum of 30 years in federal prison.According to the federal complaint, Delgado was the president and CEO of Goliath Ventures, formerly known as Gen-Z Venture Firm, and allegedly carr...

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