Denver Pastor and Wife Indicted in $3 Million Faith-Based Crypto Scam

Key Points

1. The couple is accused of selling INDXcoin, a token with 'zero value,' to members of their Christian community between January 2022 and July 2023.

2. Prosecutors allege the Regalados diverted at least $1.3 million of investor funds for personal use, including home renovations.

3. The case highlights the risks of mixing personal belief with financial promises and adds to a growing list of crypto-related frauds.

4. Investigations were conducted by the Colorado Division of Securities and the Denver District Attorney's office.

5. Crypto investors lost over $2.2 billion to hacks, scams, and breaches in the first half of 2025, according to CertiK’s security report.