科羅拉多州的一家法院在炒作的代幣崩潰暴露於投資者資金的大量濫用後，以數百萬美元的欺詐判決猛擊了Indxcoin的創始人。
In the wild world of crypto, where fortunes are made and lost in the blink of an eye, a recent case out of Colorado serves as a stark reminder of the risks involved. A judge has delivered a $3.34 million blow to the founders of Indxcoin, a fraudulent token scheme that targeted Christian communities and resulted in the lavish misuse of investor funds.
在加密世界的狂野世界中，眨眼間就賺錢並損失了命運，最近在科羅拉多州的一個案件迅速提醒了所涉及的風險。一位法官向Indxcoin的創始人發出了334萬美元的打擊，Indxcoin是一種欺詐性令牌計劃，針對基督教社區，並導致了濫用投資者資金。
The Indxcoin Saga: A Crypto Tale Gone Wrong
Indxcoin傳奇：一個加密故事出錯了
The Colorado Division of Securities announced that Denver District Court Judge Heidi L. Kutcher ruled against Indxcoin LLC and its founders, Eli and Kaitlyn Regalado, for committing securities fraud. The judgment, a hefty $3.34 million, comes after a trial that exposed the couple's deceptive practices and misuse of investor funds. The civil action was initiated in January 2024, with Securities Commissioner Tung Chan filing fraud charges against the Regalados for developing and promoting a worthless digital token.
Misleading Investors: Promises and Prayers
誤導投資者：承諾和祈禱
Evidence presented at trial revealed a pattern of extensive misrepresentations to potential investors. The Regalados, lacking technical expertise and armed with an auditor’s report that rated their coin at zero out of 10 for security, assured buyers of stability and profit potential. They even launched their own trading venue, the Kingdom Wealth Exchange, which collapsed after a single day of operation. The marketing and creation story for INDXcoin claimed “that ‘God’ told them to create, sell, and sow” the token.
Lavish Spending: Investor Funds as a Personal Piggy Bank
豪華支出：投資者作為個人小豬銀行的資金
What truly shocked the public was the revelation that investor money was used to cover personal expenses. Eli Regalado admitted in a viral video that the funds were used for renovations and other personal indulgences. Prosecutors detailed how the Regalados used investor money to fund a lavish lifestyle, including jewelry, luxury ski and yachting trips, designer clothes, dental work, and even a Range Rover. At least $1.3 million of investor funds went into personal expenses. There were no parameters on the amount he or Mrs. Regalado would spend with the investor money,
Legal Aftermath: Civil Judgment and Criminal Indictment
法律後果：民事判決和刑事起訴
Beyond the civil ruling, a Denver grand jury indicted the couple on 40 criminal counts related to the same scheme. Commissioner Chan hailed the outcome as justice for victims and a reassurance for legitimate cryptocurrency projects that regulatory enforcement can safeguard small investors from fraud. The civil enforcement ruling ordered restitution and a 20-year securities ban, the criminal case could carry prison time if they are convicted.
A Word of Caution in the Crypto Wild West
在加密西部的加密貨幣
This case serves as a cautionary tale in the often-unregulated world of cryptocurrency. It highlights the importance of due diligence and the need for investors to be wary of schemes that promise guaranteed returns or rely on religious endorsements. As the crypto market continues to evolve, regulatory bodies are stepping up their efforts to protect investors from fraud. The Indxcoin case demonstrates that even in the digital frontier, justice can prevail.
So, what's the takeaway? Always do your homework, and remember, if it sounds too good to be true, it probably is. After all, even divine intervention can't guarantee profits in the volatile world of crypto!
那麼，收穫是什麼？始終做功課，並記住，如果聽起來太好了，那可能是真實的。畢竟，即使是神聖的干預也無法保證在加密貨幣的動盪世界中的利潤！
