A judge in Denver, Colorado, ordered the financial accounts of a pastor and his wife frozen after they sold $3.2 million in a worthless cryptocurrency to their Christian followers, then pocketed $1.3 million for their personal use, characterizing their actions as “unmitigated greed."Â
Eligio Regalado and his wife, Kaitlyn, claim they were following God’s will through cryptocurrency trades. Colorado officials, on the other hand, say they were unlawfully enriching themselves at the expense of investors. The couple is now facing civil fraud charges.
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