Colorado Pastor Accused of Cryptocurrency Scam

💰A pastor and his wife are accused of running a cryptocurrency scam and defrauding investors of $1.3 million.

🙏The couple targeted Christian communities and claimed that God instructed them to use the funds for a home remodel.

💔The cryptocurrency they promoted turned out to be illiquid and practically worthless, causing investors to lose millions.

🕵️‍♂️Investigators found that the couple had no experience in cryptocurrency and the code of their cryptocurrency was deemed unsafe and riddled with technical problems.

💡The pastor admitted to the charges in a video, shifting the blame to God and claiming that they are praying for a financial miracle.

What did the pastor and his wife do?

—They are accused of running a cryptocurrency scam and defrauding investors of $1.3 million.

What did they claim God told them?

—They claimed that God told them to use the stolen funds for a home remodel.

What happened to the cryptocurrency they promoted?

—The cryptocurrency turned out to be illiquid and practically worthless.

Did the couple have any experience in cryptocurrency?

—No, they had no experience, and the code of their cryptocurrency was deemed unsafe and riddled with technical problems.

What did the pastor admit in a video?

—The pastor admitted to the charges, but shifted the blame to God, claiming they are praying for a financial miracle.

00:00A Colorado pastor and his wife are accused of defrauding investors of $1.3 million through a cryptocurrency scam.

03:59The couple targeted Christian communities and claimed that God told them to use the stolen funds for a home remodel.

05:46The cryptocurrency they promoted turned out to be illiquid and practically worthless.

08:15Investigators found that the couple had no experience in cryptocurrency and the code of their cryptocurrency was unsafe and riddled with technical problems.

09:10The pastor admitted to the charges in a video, shifting the blame to God and claiming they are praying for a financial miracle.