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Colorado judge rules Denver pastor defrauded investors in $3 million crypto scam

A Colorado court has ruled against a Denver pastor and his wife, finding that they defrauded hundreds of investors by selling crypto tokens created for the church. On Friday, the Denver District Court ruled that Eli and Kaitlyn Regalado violated state securities laws and must repay $3.39 million, according to a statement released Tuesday by the Colorado Securities Department. Previously, during a trial in May, state prosecutors said they had raised funds from at least 509 INDXcoin investors and ...

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2025-09-17 06:30:43
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