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Breaking: US SEC Sues Richard Heart for Selling Unregistered HEX Securities

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The SEC Case Against Heart According to the markets regulator, Heart raised as much as $1 billion in the sale of tokens associated with PulseChain , PulseX, and Hex protocols since their existence. The market regulator claimed that all of the three tokens are considered un register ed asset SEC urity. advertisement While the SEC found fault in the sales of these assets, the commission also accused the internet entrepreneur of constantly promoting these investments as a pathway to grandiose wealth for investors. The market regulator also found fault with Heart for offering a Staking product associated with these tokens which is capable of returning up to 38% to investors. The SEC noted that these actions are unsafe for investors, thus justifying the charges being brought against the entrepreneur “Heart called on investors to buy crypto asset securities in offerings that he failed to register. He then defrauded those investors by spending some of their cryp...

Pulsechain V3 Testnet Launched: Mainnet Could Be Released Soon

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The much-awaited PulseChain testnet V3 has been launched on Thursday, March 23 and it is now available for public testing. The founder of Hex, Richard Heart confirmed the release through a tweet giving users access to the block chain . The testnet will be in place for the next few days before the mainnet is integrated and released. “PulseChain testnet V3 is here! Please use it and prepare for the mainnet launch! Warning, this is the final testnet and mainnet may launch at any time now,” the tweet read. Also Read: HEX is Trading at a 9-Month High As Token Continues to ‘Trend’ https://t.co/tyQE8i8y5h test net V3 is here! Please use it and prepare for main net launch! Warning, this is the final test net and main net may launch at any time now PulseX: https://t.co/oPYZ2ATgUi Be a validator: https://t.co/sRsNVN4Jdm Block Explorer: https://t.co/TZ9BGujoPx — Richard Heart (@RichardHeartWin) March 22, 2023 The PulseChain testnet also opened avenues to check ‘how to be a val...