US EditionState seeks $3.4M from crypto-founding pastor as civil trial starts - BusinessDen
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State seeks $3.4M from crypto-founding pastor as civil trial starts - BusinessDen
The Rev. Eli Regalado speaks to INDXcoin buyers in a since-deleted video on Jan. 19, 2024. (YouTube) The state of Colorado on Monday put a supposedly God-inspired cryptocurrency and the Denver pastor who founded it on trial as it seeks to claw back $3.4 million. “From the outset, the market for INDXcoin was inherently deceptive,” Assistant Attorney General Sarah Donahue said, “and the value of the coin was inherently deceptive.” This week’s civi…
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