<p class="p1"><span class="s1">A Florida man pleaded guilty to fraud and money laundering charges after prosecutors said he tricked victims with promises of returns from crypto liquidity pools, but instead used their funds to buy six million-dollar homes as well as Lamborghinis.</span></p>
<p class="p1"><span class="s1">On Tuesday, the U.S.
Attorney's Office for the Middle District of Florida <a href="https://www.justice.gov/usao-mdfl/pr/goliath-ventures-ceo-pleads-guilty-cryptocurrency-fraud-scheme-conspiracy">said</a> Christopher Alexander Delgado, 34, pleaded guilty to wire fraud, conspiracy to commit wire fraud and money laundering.
He faces up to 20 years in prison for each fraud count and up to 10 years for the money laundering issue. </span></p>
<p class="p1"><span class="s1">Delgado ran a firm called Goliath Ventures, formerly known as Gen-Z Venture Firm.
