Florida-based crypto firm Goliath Ventures has filed for Chapter 11 bankruptcy protection following the arrest of its chief executive, Christopher Delgado, who is facing federal charges of wire fraud and money laundering in connection with an alleged Ponzi scheme that siphoned at least $328 million from more than 2,000 investors. According to a recent filing with the US Bankruptcy Court for the Southern District of Florida, the firm’s liabilities may reach as high as $500 million, with between $1 million and $10 million available for repayment. A number of major companies are being subpoenaed in connection with the ... (full story)