科罗拉多州的一家法院在炒作的代币崩溃暴露于投资者资金的大量滥用后，以数百万美元的欺诈判决猛击了Indxcoin的创始人。
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，眨眼间就赚钱并损失了命运，最近在科罗拉多州的一个案件迅速提醒了所涉及的风险。一位法官向Indxcoin的创始人发出了334万美元的打击，Indxcoin是一种欺诈性令牌计划，针对基督教社区，并导致了滥用投资者资金。
The Indxcoin Saga: A Crypto Tale Gone Wrong
Indxcoin传奇：一个加密故事出错了
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
误导投资者：承诺和祈祷
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
豪华支出：投资者作为个人小猪银行的资金
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
法律后果：民事判决和刑事起诉
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
在加密西部的加密货币
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!
那么，收获是什么？始终做功课，并记住，如果听起来太好了，那可能是真实的。毕竟，即使是神圣的干预也无法保证在加密货币的动荡世界中的利润！
