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Eli and his wife, Kaitlyn, have been indicted on charges related to a crypto fraud scheme that raised over $3 million from faith-based investors. They raised millions via Christians from their church and other churches, telling investors that #INDXcoin was all but guaranteed to bring them "abundance" and "blessings". Eli blamed God for the idea of creating the coin in the first place: "The hand of God is on this project. ...What if I get this wrong? What if it doesn't happen? It's not on me, it's on Him." During the trial, Eli argued they had no ill intent in selling the coin and still believe God will make it a success and get the investors their money back.
