"Colorado Pastor Claims Divine Guidance in $1.3 Million Crypto Fraud Case"

Colorado pastor Eli Regalado and his wife Kaitlyn have been charged with violating anti-fraud provisions after stealing $1.3 million in crypto from 300 individuals in local Christian communities. Claiming that the "Lord told them" to invest in INDXcoin, the couple allegedly made outlandish promises of wealth and launched an exchange that ultimately failed. Despite facing charges, the pastor maintains that the money was used as directed by the Lord, with half a million going to the IRS and hundreds of thousands for a home remodel. The Colorado Securities Commission has deemed the crypto worthless, leaving investors with no exit.