The U.S. SEC has been a nightmare to many in the crypto space as they have relentlessly pursued actions against numerous crypto projects, founders, and influencers.
As per latest reports, it seems like many HEX influencers have been subpoenaed by the government body. Eric Wall, a famous crypto evangelist first broke the news on Twitter, where he shared the official documents sent by the SEC.
GUYS. IT’S HAPPENING. Hexicans influencers are getting subpoenad by the SEC over HEX, PulseChain and PulseX. The HEX information channels are filled with information about how to shred your digital evidence 😂😂😂 pic.twitter.com/PrTYBRT9Wc
— Eric Wall X 🏴 (@ercwl) November 5, 2022
The Hexican community was quick enough to dismiss these as FUD, but allegedly, an ex-SEC lawyer by the Twitter handle Marc_Fagel opined the letters circulating on Twitter to be genuine.
“There’s nothing about the subpoena to indicate it’s not legitimate. It looks exactly like the hundreds I signed while there”
He also replied to Eric Wall’s exposé tweet & confirmed that, “it’s almost certainly legit,”.
GUYS. IT’S HAPPENING. Hexicans influencers are getting subpoenad by the SEC over HEX, PulseChain and PulseX. The HEX information channels are filled with information about how to shred your digital evidence 😂😂😂 pic.twitter.com/PrTYBRT9Wc
— Eric Wall X 🏴 (@ercwl) November 5, 2022
Richard Heart & His Project HEX
Richard Heart, the founder of Hex and its sub-projects viz. Pulsechain, PulseX, etc posted a mysterious tweet that indicated towards utilizing secret chats (Telegram) or chats with self-destruction mode. This has raised the eyebrows of skeptics & many think it’s targeted to the influencers who have been subpoenaed.
Do you accept the good advice you're given? You think you do, but do you really? Are you using secret chats with self destruct timers? Or are you a slow learner? Is it hard for you to click buttons?
— Richard Heart (@RichardHeartWin) November 3, 2022
Since its inception in the year 2019, HEX cryptocurrency has increased by 948,00%. The average return on the HEX project has been 38%, making it seem like a successful venture. HEX made it quite clear on its official website that they don’t run any Ponzi schemes.
