"Colorado Pastor Faces Fraud Charges for Alleged $3.2M Crypto Scheme"

A Colorado pastor and his wife are accused of defrauding hundreds of local Christians in a cryptocurrency scheme, allegedly raising over $3 million by selling a "practically worthless" crypto called INDXcoin. The couple, who had no experience in cryptocurrency, used the funds for a lavish lifestyle, including a Range Rover, luxury items, and boat rentals. The pastor claimed that his plan was inspired by God and that investors would become wealthy, but a third-party auditor found INDXcoin to be "unsafe, unsecure, and riddled with technical problems." The couple is facing civil fraud charges and are scheduled to appear in court next week.