How regrettable it is to see members of the body of Christ (His Church) involved in acts that cast doubt on our faith before unbelievers. By this I mean that many people’s excuse for not attending a local church is that there are many hypocrites in the church, and this is based on cases similar to that of Pastor Eligio Peter Regalado, who, together with his wife, faces 40 criminal charges in Colorado County for promoting a cryptocurrency created under the manipulation that it was “inspired by a divine instruction.”
What is INDXcoin?
The coin is named “INDXcoin”. It has been reported that Pastor Eligio and his wife, Kaitlyn Marie Regalado, raised some $3.5 million between January 2022 and July 2023 alone. Most concerning is that the largest investors have been Christians. Here we must pause: many believers are easily manipulated, since any mystic comes and tells them that this is a divine plan, and there they are donating their car, their pension fund, or buying these fake cryptocurrencies.
