Chris Delgado Sued by SEC and CFTC Over Crypto Scheme
Photo: BlockTelegraph
Chris Delgado faces new lawsuits from the Securities and Exchange Commission and Commodity Futures Trading Commission, which allege that he and Goliath Ventures took nearly $200 million more than he admitted in his criminal case. The two agencies filed separate lawsuits Aug. 11 in federal court in Orlando, seeking restrictions on future financial activity and repayment of alleged gains, civil penalties and restitution.Christopher Delgado pleaded guilty June 30 to fraud charges and is scheduled to be sentenced Oct. 21, according to the reporting on the case. He admitted stealing at least $250 million from at least 1,000 investors.
Source: BlockTelegraph
