More than 300 people bought INDXcoin, a cryptocurrency created by the pastor and marketed through his online church, which was deemed "illiquid and practically worthless."
  • Neato@ttrpg.networkEnglish
    21·
    10 months ago

    “Jesus told us to steal from the poor.”

    Almost makes me wish heresy was still a thing. =/

    It’s certainly misrepresentation of a business.

    • JPAKx4@lemmy.blahaj.zone
      6·
      10 months ago

      Don’t worry, this guy admitted to everything, seeing how “God told me to” isn’t a legal defense. God really told you to spend “thousands on home renovations”? Super cool bro

  • CodeName@infosec.pub
    14·
    10 months ago

    “We took God at his word and sold a cryptocurrency with no clear exit,” Regalado in his video address Friday.

    Bahaha. Not only did god tell them to do it, but he might have misled them a little bit about the profitability of the venture. Bad god, bad.

    • WraithGear@lemmy.world
      2·
      10 months ago

      Because someone wins. They all know the game is rigged, but the point is to fly as close to the sun without melting your wings. They know that the white paper holders are planning to scam the rubes, you just need to duck out before the rug pull. Can’t believe the leopard ate their face

  • SpiceDealer@lemmy.world
    03·
    10 months ago

    I’m pretty sure if Jesus was still here he would condemn crypto the same way he condemn those ancient bankers.

    • prole@sh.itjust.worksEnglish
      3·
      10 months ago

      Jesus didn’t “condemn ancient bankers,” he booted money chargers from the temple. He wasn’t railing against capitalism, he was against people using what was meant to be a place of worship, for those purposes.

      There’s nothing inherently different about crypto that Jesus would have been against compared to fiat currency. It’s not like cash scams don’t exist.

      Not that it matters since it’s all bullshit anyway.