Surprisingly- INDXcoin: the crypto ordained by God was a fraud. Pastor facing charges.

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A Colorado-based online pastor is facing fraud charges after allegedly pocketing over a million dollars from a cryptocurrency scheme he sold to his followers.

The complaint alleges, among other grievances, that the Regalados targeted a devout community and sold an "unsafe" and "unsecure" product using Eli's religious position to do so. Investors, who were told God had a direct hand in the crypto, have since lost millions, according to the securities commissioner...

The Regalados first began selling their cryptocurrency, called INDXcoin, to the Denver Christian community in June 2022, raising nearly $3.2 million from more than 300 individuals by April 2023

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“Either I misheard God, and every one of you who prayed and came in — you as well. Or two, God is still not done with this project."

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“Out of the $1.3 [million], half a million dollars went to the IRS, and a few hundred thousand dollars went to a home remodel the Lord told us to do," he said.

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“I said: Lord, I don’t want to do this. I don’t know how to do this. I don’t have any experience in this industry," said Eli. "I don’t know what I’m doing. I don’t want to be caught up in something.”

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