Online pastor Eli Regalado says he sold over $3 million tokens to his community because “the Lord” told him to give his followers a 10X.
A Colorado-based online pastor who has been charged with fraud for selling a “worthless” cryptocurrency says he only did it because “the Lord” told him to give his followers a “10X.”
In a strange 9-minute video — posted to INDXcoin’s official website — INDXcoin founder and pastor Eli Regalado told users of the INDXcoin community that the charges being leveled against him and his partner were true.
On Jan. 18, Eligio Regalado and his partner Kaitlin Regalado were charged with fraud for their role in issuing and marketing a sham token called “INDXcoin” to their followers, according to a statement from the Colorado Securities Commission.
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Source: https://cointelegraph.com/news/online-pastor-charged-crypto-scam-says-god-made-him-do-it