God-Driven Crypto Venture Causes Investor Losses

The Download, a weekday technology newsletter, reported that a small investment firm experienced a dramatic loss after its leadership claimed to receive a divine instruction to liquidate its cryptocurrency holdings. According to the newsletter, the firm’s founder, Eli Regalado, said he first heard a voice that identified itself as God and urged the sale of all crypto assets. Regalado and his wife recounted the experience, noting that the directive came at a time when the firm’s portfolio was heavily weighted in volatile digital currencies.

The investors in the firm lost the entirety of their capital following the forced sale. No official statement has been released by the company, but the incident has attracted attention from both the financial and regulatory communities. Analysts point to the lack of transparency and the unusual nature of the guidance as factors that may have contributed to the investors’ losses, highlighting the risks associated with following unverified or supernatural claims in investment decisions.

The episode underscores the volatility inherent in cryptocurrency markets and raises concerns about the potential for unregulated or faith‑based directives to influence financial outcomes. Regulators are reportedly reviewing the case to determine whether any securities or consumer protection violations occurred. The Download will continue to monitor the situation and provide updates as more information becomes available.