EmbeddingGemma 2: an open, lightweight multimodal embedding model
deepmind.google·6d ago
AI Engineering
MIT Technology Review·Sep 10·5 min read
God told them to sell crypto. Their investors lost everything.
TL;DR
Eli and Kaitlyn Regalado claim to receive divine guidance that led them to make significant life decisions, including investments in cryptocurrency. Their faith-driven choices resulted in substantial financial losses for their investors.
✦ Why It Matters
Evaluate the sources of your investment advice to avoid potential financial pitfalls.
Key Takeaways
- Research the background of cryptocurrency projects before investing.
- Be cautious of investment opportunities promoted through personal beliefs.
- Understand the regulatory landscape of cryptocurrencies.
- Recognize the signs of affinity fraud in investment schemes.
How It Works
The Regalados created INDXcoin by leveraging their connections within the evangelical community, promoting it as a divine investment opportunity. They utilized personal testimonies and faith-based appeals to attract investors, despite lacking experience in cryptocurrency.
⚠ The Catch
The Regalados allegedly misappropriated a significant portion of the funds raised for personal expenses, raising questions about the legitimacy of their project and the safety of investor funds.