Denver Pastor and Wife Indicted in $3 Million Cryptocurrency Fraud Scheme

According to Cointelegraph, a Denver-based online pastor, Eli Regalado, and his wife, Kaitlyn, have been indicted on charges related to a cryptocurrency fraud scheme that allegedly raised over $3 million from faith-based investors. The indictment, announced by Denver District Attorney John Walsh, includes 40 counts against the couple, who are accused of orchestrating a "multi-million-dollar cryptocurrency scam. " Between January 2022 and July 2023, the Regalados reportedly solicited nearly $3. 4 million by encouraging members of their religious network to invest in INDXcoin, a token they created and sold through the Kingdom Wealth Exchange platform source: https://www.binance.com/en/square/post/27325867956618?utm_source=BinanceNewsRSS