‘The Lord told us to’: US pastor says he stole $1m from Christians to remodel home

Couple are charged with creating and selling their cryptocurrency, known as INDXcoin', to Christian community in Denver, Colorado

A Colorado pastor who is charged with stealing more than $1m from his Christian community in a cryptocurrency scheme has admitted to the fraud but argued that God instructed him to carry it out.

Eli Regalado and his wife, Kaitlyn, are charged with creating and selling their cryptocurrency, known as INDXcoin", to Christians based in their home town of Denver, Colorado, allegedly telling would-be investors that the Lord had told him people would become rich if they invested, the state's division of securities announced in a press release on Thursday.