A Denver grand jury indicted a pastor and his wife on 40 felony charges connected to an alleged cryptocurrency scheme claimed to have been sparked by divine intervention.
The jury indicted Eligio “Eli” and Kaitlyn Regalado this month on the charges — including racketeering, theft and securities fraud — following an alleged scheme between January 2022 and July 2023 where the duo solicited nearly $3.4 million from around 300 investors, according to court records.
The Regalados were the founders the online-only Victorious Grace Church and INDXcoin, a religious-themed cryptocurrency that state regulators said was “essentially worthless.”…