Overview
- Christopher Delgado apologized in a televised interview and said he failed the investors who trusted him.
- He is out on bail under home confinement at an 11,000-square-foot Florida estate that prosecutors say was bought with investor money.
- Federal prosecutors allege he ran a $328 million Ponzi scheme from January 2023 to January 2026 by pitching guaranteed monthly returns from crypto liquidity pools.
- Investors have sued JPMorgan Chase, alleging about $253 million flowed through its accounts and roughly $123 million moved on to wallets at Coinbase and other platforms.
- A federal judge extended the deadline to seek an indictment to June 26, signaling prosecutors are still building the case.