💨 Abstract

Pastor Eli and Kaitlyn Regalado of the online Victorious Grace Church were indicted for a $3.4 million cryptocurrency scam. They allegedly defrauded their faith community by selling INDXcoin, a worthless cryptocurrency, claiming it was directed by 'the Lord.' The couple faces 40 counts of securities fraud, racketeering, and theft.

Courtesy: Jessica Kwong