SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme

Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending.
Source: SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme (https://cointelegraph.com/news/sec-cftc-sue-goliath-ventures-400m-crypto-ponzi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)