Denver Pastor and Wife Charged in $3.4M Cryptocurrency Scam

A Denver pastor and his wife were indicted on multiple charges for creating and selling a 'God-inspired' cryptocurrency called INDXcoin, which raised nearly $3.4 million from investors. The couple allegedly used over $1.3 million of the funds for personal expenses, including home renovations and travel, rather than their business, and promoted the coin as a biblical wealth transfer. The indictment accuses them of theft, securities fraud, and racketeering, highlighting a case of religious-themed financial fraud.