[The Exiled]

Kak to da McLaren i Ferrari direktno ne primaju HEX token - ipak su i to (nečiji) nofci?

Heart was born in the US and currently lives in Finland. He has operated a YouTube channel since 2017, where he promotes his own crypto products, including the Hex token and its sister product PulseChain, which operates on the PulseX protocol. In its lawsuit, the SEC alleges Heart raised over $1 billion through his unregistered Hex, PulseChain, and PulseX crypto securities. According to the SEC, Heart marketed his products as “a pathway to grandiose wealth for investors” and espoused claims that Hex “was built to be the highest appreciating asset that has ever existed in the history of man.”

The SEC claims he never revealed that he actually spent “millions of dollars of PulseChain investor funds to buy luxury goods for himself.” Some of those purchases include a $534,916 McLaren sports car, a $314,125 Ferrari Roma, and a $1.38 million Rolex watch. In February 2022, he allegedly spent $5 million of investors’ assets to purchase The Enigma. Additionally, the lawsuit states that Heart accepted over 2.3 million Ethereum valued at around $678 million in exchange for Hex tokens. However, the SEC claims 94 to 97 percent of these ETH deposits were “recycling” transactions that allowed Heart and other insiders to control “a large number of Hex tokens” while also “creating the false impression of significant trading volume and organic demand.”