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Denver Pastor Couple Accused of $3.4M Crypto Scam

7/30/2025

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Summary

Story summary

Denver pastor Eligio Regalado and his wife Kaitlyn are in hot water, facing 40 counts of theft and fraud for allegedly orchestrating a cryptocurrency scam, INDXcoin. They reportedly swindled $3.4 million from around 300 investors, funneling $1.3 million into personal luxuries. While prosecutors assert the coin is worthless, the couple defends it as a legitimate utility coin.

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Story summary

Denver pastor Eligio Regalado and his wife Kaitlyn are in hot water, facing 40 counts of theft and fraud for allegedly orchestrating a cryptocurrency scam, INDXcoin. They reportedly swindled $3.4 million from around 300 investors, funneling $1.3 million into personal luxuries. While prosecutors assert the coin is worthless, the couple defends it as a legitimate utility coin.