Richard Heart Sued by the Sec. The one thing that stood out the most was that he raised 1 billion dollars in three years scamming. He also used the hacked Legder database and sent email spam and phsycial spam to all the addresses promoting Hex and pulsechain. If scamming/spamming was an Olympic sport he would win a gold medal. Sec is so incompetent they allowed this to go on for three years. protected 0 investors. Wouldn't be surprised if this just ends in a big fine aka a fundraiser for the SEC. Clown show all around.

Richard came into the space talking a big game about Bitcoin only. He basically told everyone what they wanted to hear. Convinced everyone he was smart and did what he could to build trust. I believe the whole time, his plan was to release his own coin to scam people and cash in on what he was doing by becoming a figure in the space.

The lesson here is Don't Trust. Verify.