An online pastor in the United States has been charged with civil fraud for selling a cryptocurrency that regulators described as "practically worthless". According to CBS News, Colorado's securities commissioner filed a legal complaint against Eligio Regalado and his wife Kaitlyn Regalado last week. The complaint accuses the couple of raising $3.2 million by targeting the state's Christian community with the cryptocurrency, marketed as INDXcoin. They allegedly sold the "practically worthless" tokens from June 2022 to April 2023 through a cryptocurrency exchange they created called Kingdom Wealth Exchange, the complaint said.
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BCH
$216.83
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USD1
$0.999829
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USDE
$0.999688
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GRAM
$1.36
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BNB
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USDC
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XRP
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