That October, the Regalados later testified in court docket, they acquired holdings in a little-known digital coin. “Take this to my folks for a wealth switch,” Eli heard God say. Over time, they got here to imagine that He wished them to launch their very own coin.
The Regalados created INDXcoin, which they promoted via household, associates, and contacts in evangelical Christian circles. In all, greater than 500 folks handed over greater than $3 million. However inside a 12 months, the challenge collapsed. Buyers misplaced all of it, leaving many to surprise the place the funds went and whether or not they had fallen sufferer to an elaborate fraud.
Learn the complete story on the collapse of a pastor’s “God-driven” cryptocurrency.
—Katia Savchuk
This text is a part of the Huge Story collection, the house of MIT Expertise Overview’s most essential and bold reporting. You may learn the remainder of the collection right here.
The story was produced in partnership with Sort Investigations and with help from the Fund for Investigative Journalism.
This highway map may assist us determine whether or not to deploy photo voltaic geoengineering
Scientists have spent half a century exploring whether or not we may counteract local weather change by releasing reflective particles into the stratosphere, mimicking the cooling results of volcanic eruptions. However even after a whole bunch of research, we nonetheless don’t know the way effectively it could work or what else it would do—and there’s no systematic plan for clearing up that uncertainty.
Reflective, a analysis group, has now tried to fill that hole. The San Francisco nonprofit has printed an in depth highway map of the experiments, research, and infrastructure that it says could be wanted to make knowledgeable selections about using photo voltaic geoengineering, MIT Expertise Overview can reveal.




