Hand holding gold coins
  • A Colorado pastor and his wife are being accused of selling "practically worthless" crypto. 
  • Eli Regalado said many of the charges were true but insisted it was a result of his inexperience.
  • Regalado also said the Lord told him to use investor funds to remodel his home.

A Colorado pastor facing civil fraud charges related to his cryptocurrency business admitted to pocketing $1.3 million but says he used part of it for a biblically ordained home remodel.