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

AI Summary Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending. fulltext: 141 chars | fulltext source: rss-fallback | summary method: extractive Original: https://cointelegraph.com/news/sec-cftc-sue-goliath-ventures-400m-crypto-ponzi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Source: CoinTelegraph