Pastor admits to selling $3.2M in worthless cryptocurrency to Christians

Eligio "Eli" Regalado, a Colorado pastor facing civil fraud charges with his wife Kaitlyn, for selling some $3.2 million in a worthless cryptocurrency to his Christian followers, admitted to pocketing $1.3 million of the funds because God told them to use some of the money to remodel their home. He claims they also gave $500,000 to the Internal Revenue Service.