Crypto

A pastor from an online church in Colorado is facing accusations of orchestrating a fraudulent cryptocurrency scheme, allegedly pocketing $1.3 million. Eli Regalado, along with his wife, promoted their cryptocurrency, INDXcoin, within Christian communities in Denver, claiming that God had directed them to encourage investments for wealth accumulation, as per the Colorado Division of Securities. … Read more

On Friday, federal prosecutors unveiled charges against a German entrepreneur, accusing him of orchestrating a crypto fraud scheme that duped investors of over $150 million. Horst Jicha, is set to face arraignment at the federal courthouse in Brooklyn.  He is accused in an indictment that includes charges of securities fraud, conspiracies to commit securities fraud, … Read more