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'Lord, You Told Me to Do This': Pastor Defends Taking $1.3M From Failed Crypto
To err is human. But Colorado securities officials said that what Pastor Eli Regalado has been doing is more like fraud. Regalado and wife Kaitlyn launched a crypto token last year called INDXcoin. Colorado Securities Commissioner Tung Chan filed charges last week against the couple and the entities they ran, accusing them of pocketing $1.3 million in crypto proceeds while more than 300 investors had no way to recover any of their money. The pastor – who had worked in digital marketing – responded in a video message posted on the project's website, sharing a sentiment that's unusual from a crypto founder cornered ... (full story)