Aug 25, 2026
Georgia man Edward Zimbardi was deported from Fiji to face federal fraud and money laundering charges for allegedly running a cryptocurrency Ponzi scheme called 'The Crypto Program' that defrauded over 6,000 investors.
The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission filed parallel civil lawsuits against Goliath Ventures and founder Christopher Delgado over an alleged $425 million crypto Ponzi scheme. The civil actions come two months after Delgado pleaded guilty to federal criminal charges in the same case.
Blockchain investigator ZachXBT assisted in freezing $41.5 million in assets following the collapse of a crypto Ponzi scheme operating as DSJ Exchange and BG Wealth Sharing that allegedly took more than $150 million from victims.