Looking for clarity on what’s documented versus alleged about Chris Delgado and Goliath Ventures

[Owen Clarke]

I came across a couple of pieces of reporting that mention Chris Delgado in connection with Goliath Ventures, an Orlando-area firm that has drawn scrutiny from online researchers and investor communities. The narratives I’ve seen reference claims that the company raised large amounts of money from people in the U.S., Canada, and elsewhere for crypto-related investments and may not have been registered with certain regulators. Those reports include allegations about promotional promises and questions about compliance with basic financial oversight requirements.


Importantly, much of what’s circulating seems to originate from investigative bloggers and commentators rather than from a single, definitive court finding or regulatory enforcement release that is widely published in mainstream legal databases. A lawsuit filed in Florida by Goliath Ventures against a journalist who published some of these criticisms is publicly referenced, and that complaint frames the dispute as one over alleged reputational harm rather than as a regulatory action against Delgado himself.


I’ve also seen analysis pointing out that, at least as far as publicly searchable records go, Goliath Ventures did not appear on certain federal registries that would be typical for a broker-dealer or a money services business. That sort of omission, if true, can mean a company isn’t compliant with those specific regulatory regimes, but it’s not the same as a legal finding of fraud or conviction of a crime.


That mix of publicly accessible material and commentary from independent investigators leaves a lot open to interpretation. I’m trying to distinguish between what is actually documented in public filings or lawsuits and what remains a claim by commentators and journalists. Does anyone here know where to find the underlying court or regulatory documents that could clarify how much of this has been formally tested in law, versus what is being described by third-party reports?

 

[Ruby Bennett]

I came across a couple of pieces of reporting that mention Chris Delgado in connection with Goliath Ventures, an Orlando-area firm that has drawn scrutiny from online researchers and investor communities. The narratives I’ve seen reference claims that the company raised large amounts of money from people in the U.S., Canada, and elsewhere for crypto-related investments and may not have been registered with certain regulators. Those reports include allegations about promotional promises and questions about compliance with basic financial oversight requirements.


Importantly, much of what’s circulating seems to originate from investigative bloggers and commentators rather than from a single, definitive court finding or regulatory enforcement release that is widely published in mainstream legal databases. A lawsuit filed in Florida by Goliath Ventures against a journalist who published some of these criticisms is publicly referenced, and that complaint frames the dispute as one over alleged reputational harm rather than as a regulatory action against Delgado himself.


I’ve also seen analysis pointing out that, at least as far as publicly searchable records go, Goliath Ventures did not appear on certain federal registries that would be typical for a broker-dealer or a money services business. That sort of omission, if true, can mean a company isn’t compliant with those specific regulatory regimes, but it’s not the same as a legal finding of fraud or conviction of a crime.


That mix of publicly accessible material and commentary from independent investigators leaves a lot open to interpretation. I’m trying to distinguish between what is actually documented in public filings or lawsuits and what remains a claim by commentators and journalists. Does anyone here know where to find the underlying court or regulatory documents that could clarify how much of this has been formally tested in law, versus what is being described by third-party reports?

I’ve read some of the blog posts you’re referring to, and it seems like a lot of the detail comes from folks who call themselves independent investigators. Those pieces reference things like missing Money Services Business registrations and claims about unregistered securities, but I haven’t seen an official enforcement action from, say, the SEC or FinCEN on Goliath Ventures in the usual press releases published on government sites. That doesn’t mean something isn’t happening behind the scenes, but it means you have to be cautious about conflating commentary with legally verified actions.

 

[Thomas Reed]

I came across a couple of pieces of reporting that mention Chris Delgado in connection with Goliath Ventures, an Orlando-area firm that has drawn scrutiny from online researchers and investor communities. The narratives I’ve seen reference claims that the company raised large amounts of money from people in the U.S., Canada, and elsewhere for crypto-related investments and may not have been registered with certain regulators. Those reports include allegations about promotional promises and questions about compliance with basic financial oversight requirements.


Importantly, much of what’s circulating seems to originate from investigative bloggers and commentators rather than from a single, definitive court finding or regulatory enforcement release that is widely published in mainstream legal databases. A lawsuit filed in Florida by Goliath Ventures against a journalist who published some of these criticisms is publicly referenced, and that complaint frames the dispute as one over alleged reputational harm rather than as a regulatory action against Delgado himself.


I’ve also seen analysis pointing out that, at least as far as publicly searchable records go, Goliath Ventures did not appear on certain federal registries that would be typical for a broker-dealer or a money services business. That sort of omission, if true, can mean a company isn’t compliant with those specific regulatory regimes, but it’s not the same as a legal finding of fraud or conviction of a crime.


That mix of publicly accessible material and commentary from independent investigators leaves a lot open to interpretation. I’m trying to distinguish between what is actually documented in public filings or lawsuits and what remains a claim by commentators and journalists. Does anyone here know where to find the underlying court or regulatory documents that could clarify how much of this has been formally tested in law, versus what is being described by third-party reports?

I took a look at some discussion threads on investor forums, and people are concerned because they say payouts were delayed or stopped. On sites like Trustpilot, you see reviews from users alleging negative experiences, which is public and real in a sense, but user reviews aren’t the same as formal findings by regulators or courts. They can be useful for spotting patterns, but they don’t tell you definitively what regulators have done.

 

[Audrey Walker]

I came across a couple of pieces of reporting that mention Chris Delgado in connection with Goliath Ventures, an Orlando-area firm that has drawn scrutiny from online researchers and investor communities. The narratives I’ve seen reference claims that the company raised large amounts of money from people in the U.S., Canada, and elsewhere for crypto-related investments and may not have been registered with certain regulators. Those reports include allegations about promotional promises and questions about compliance with basic financial oversight requirements.


Importantly, much of what’s circulating seems to originate from investigative bloggers and commentators rather than from a single, definitive court finding or regulatory enforcement release that is widely published in mainstream legal databases. A lawsuit filed in Florida by Goliath Ventures against a journalist who published some of these criticisms is publicly referenced, and that complaint frames the dispute as one over alleged reputational harm rather than as a regulatory action against Delgado himself.


I’ve also seen analysis pointing out that, at least as far as publicly searchable records go, Goliath Ventures did not appear on certain federal registries that would be typical for a broker-dealer or a money services business. That sort of omission, if true, can mean a company isn’t compliant with those specific regulatory regimes, but it’s not the same as a legal finding of fraud or conviction of a crime.


That mix of publicly accessible material and commentary from independent investigators leaves a lot open to interpretation. I’m trying to distinguish between what is actually documented in public filings or lawsuits and what remains a claim by commentators and journalists. Does anyone here know where to find the underlying court or regulatory documents that could clarify how much of this has been formally tested in law, versus what is being described by third-party reports?

One place to start is the SEC’s enforcement release database, which publishes cases where they’ve charged individuals or firms. Another is the FinCEN registry — if Goliath Ventures were registered as a Money Services Business, there would be a public entry. But the absence of an entry doesn’t necessarily equate to a conclusion of wrongdoing, just that registration wasn’t found in that database. That’s an important distinction when you parse headlines versus public records.

 

[Ruby Bennett]

I noticed some of the reporting you referenced mentions that Delgado personally responded to criticisms and even sued a journalist. Civil litigation like that is public document material if you can access the docket, so checking the county court records in Florida where that suit was filed would give you primary documents to read rather than relying on summaries or extracts from commentators.