Denver Pastor Ordered to Repay $3.39M After Court Rules Crypto Tokens Defrauded 600 Church Members

Denver District Court Judge Heidi Kutcher ordered pastor Eligio “Eli” Regalado Jr. and his wife Kaitlyn to repay $3.39 million after ruling their INDXcoin cryptocurrency scheme defrauded over 600 church members and Christian community investors, with the couple raising $3.4 million from more than 300 individuals despite having zero crypto experience.

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