US Pastor Who Pocketed Investors' $1.3m Says God Told Him To Do It

A US pastor says God told him to sell a worthless cryptocurrency to his flock and then spend some of the proceeds funding his own lavish lifestyle (Credit: AFP)

A US pastor who sold a worthless cryptocurrency to his flock and pocketed $1.3 million, using some of it to remodel his house, has insisted he was only doing what God told him.

Eli Regalado and his wife, Kaitlyn, face a civil lawsuit alleging they flogged the so-called INDXcoin to fellow Christians in Colorado, with divine guarantees investors would become rich.