Orlando crypto firm accused in Ponzi scheme files for bankruptcy
Airfind news item
By Silas Morgan
Published on March 24, 2026.
Orlando-based cryptocurrency firm, Goliath Ventures, has filed for Chapter 11 bankruptcy, potentially owing up to $500 million to at least 1,500 victims. The bankruptcy filing was made by Miami attorney Michael Budwick, who was appointed to take control of Goliath following Delgado's arrest. The company's assets are estimated at between $1 million and $10 million, and its liabilities are estimated to be between $100 million and €500 million. Banking giants JPMorgan Chase and Bank of America, along with cryptocurrency exchange Coinbase, have been subpoenaed in the bankruptcy case. Some of the Goliath's investors have already filed lawsuits seeking money they claim they lost with the firm.
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