Eli Regalado and his wife, Kaitlyn Regalado have been charged with civil fraud for selling "worthless" cryptocurrency. Ana Kasparian discusses on The Young Turks.
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"An online pastor was charged with civil fraud for selling a cryptocurrency that regulators described as “practically worthless.” His explanation: God told him to do it — although it’s possible he “misheard.”
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Colorado’s securities commissioner filed a legal complaint against Eligio Regalado, who goes by Eli, and his wife, Kaitlyn Regalado, last week. The couple raised nearly $3.2 million by targeting Denver’s Christian community with the cryptocurrency, marketed as INDXcoin, the complaint said."
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