Yes but the couple doesn't have nearly as much money or good enough lawyers to defend themselves. And keep in mind, some cryptos are deemed securities, and this token might have centralized attributes which makes it fall under a security
Church Issues Crypto Token Backed by God
- Thread starter Tokenz
- Start date
Yes but the couple doesn't have nearly as much money or good enough lawyers to defend themselves. And keep in mind, some cryptos are deemed securities, and this token might have centralized attributes which makes it fall under a security
Exactly, the key was they are an easy target to prosecute and score points. This is what keeps me from launching my own. Not that difficult to launch one. Did it for fun on private to test things out.
All you have to do is just create one annonymously and just hold a fat stack of it. And when it pumps on day 1, BAM! 500 billion dollars will be in your bank...
1 Timothy 6:10 "For the love of money is the root of all evil"
Pastor created 'worthless' cryptocurrency targeting Christians to support 'lavish lifestyle': Authorities
Jon Haworth - Good Morning America
A pastor and his wife have both been charged with fraud for allegedly creating a cryptocurrency, pitching it to Christian communities and using the proceeds to fund their "lavish lifestyle," authorities say. Eli Regalado, a pastor in Denver, Colorado, and his wife, Kaitlyn Regalado, "created, marketed and sold a cryptocurrency known as the 'INDXcoin' to members of the Christian community," according to a statement from the Colorado Division of Securities. "The INDXcoin was also offered through the Kingdom Wealth Exchange (KWE), an online cryptocurrency exchange that they created, controlled and operated."
/jlne.ws/4962nYW
Jon Haworth - Good Morning America
A pastor and his wife have both been charged with fraud for allegedly creating a cryptocurrency, pitching it to Christian communities and using the proceeds to fund their "lavish lifestyle," authorities say. Eli Regalado, a pastor in Denver, Colorado, and his wife, Kaitlyn Regalado, "created, marketed and sold a cryptocurrency known as the 'INDXcoin' to members of the Christian community," according to a statement from the Colorado Division of Securities. "The INDXcoin was also offered through the Kingdom Wealth Exchange (KWE), an online cryptocurrency exchange that they created, controlled and operated."
/jlne.ws/4962nYW
it depends
on what you do with it.How is it different from XRP for example, apart from size of course ???
Great thing about them christians is how few of them have actually read their bible, and those who have conveniently forget the parts they don't like. If only they all actually followed wwjd.
That is so true. You see many churches today proclaiming "All you have to do is believe! And you will be on your way to heaven!" Meanwhile you see the same religions fighting each other in wars, and doing everything condemmed in the bible. And this is what turns people away from religion. The devil misleads the entire earth.