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SEC Charges 2 With Fraudulent Water-Backed Token Sale

The SEC charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency TeshuaCoin.

By Danny Nelson
Updated Sep 14, 2021, 8:25 a.m. Published Apr 3, 2020, 7:33 p.m.
The SEC alleges a fraudulent operation involving a"TeshuaCoin" backed by alkaline water. (Credit: Shutterstock)
The SEC alleges a fraudulent operation involving a"TeshuaCoin" backed by alkaline water. (Credit: Shutterstock)