Couple Behind Fake Crypto INDXcoin Ordered to Repay $3.3M
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The Denver District Court has ruled against Eli and Kaitlyn Regalado, finding that their cryptocurrency project INDXcoin was an unregistered securities scheme that defrauded hundreds of investors.
Whoa 😳—a Denver pastor and his wife just got slammed in court for running a $3.4 million crypto scam. They claimed God told them to launch INDXcoin, a token tied to their church, and convinced hundreds of believers to invest. But turns out, the…