{"id":69650,"date":"2022-11-07T13:17:56","date_gmt":"2022-11-07T11:17:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69650"},"modified":"2025-09-07T21:20:35","modified_gmt":"2025-09-07T18:20:35","slug":"sec-scrutinises-hex-pulsechain-and-pulsex-promotion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sec-scrutinises-hex-pulsechain-and-pulsex-promotion\/","title":{"rendered":"SEC scrutinises HEX, PulseChain and PulseX promotion"},"content":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has issued subpoenas to influencers who promoted the crypto projects HEX, PulseChain and PulseX. This was reported by <span data-descr=\"chief investment officer\" class=\"old_tooltip\">CIO<\/span> of Arcane Crypto, Eric Wall.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">GUYS. IT\u2019S 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 \ud83d\ude02\ud83d\ude02\ud83d\ude02 <a href=\"https:\/\/t.co\/PrTYBRT9Wc\">pic.twitter.com\/PrTYBRT9Wc<\/a><\/p>\n<p>\u2014 Eric Wall X \ud83c\udff4 (@ercwl) <a href=\"https:\/\/twitter.com\/ercwl\/status\/1588890690486165505?ref_src=twsrc%5Etfw\">November 5, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We believe you may have documents and data related to the ongoing investigation being conducted by SEC staff,&#8221; the regulator&#8217;s cover letter accompanying the researcher states.<\/p>\n<\/blockquote>\n<p>Under the subpoena&#8217;s terms, recipients must provide the requested information by November 15, 2022.<\/p>\n<p>In the comments, HEX community members called the news fake. Wall replied, inviting them to show unblurred versions of the documents.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Are you taking good advice you were given? You think you know, but is that really the case? Do you use secret chats with self-destruct timers? Or are you learning the hard way?&#8221;<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Hexicans: time to post the unblurred versions here. If they\u2019re fake\u2014no harm right? <a href=\"https:\/\/t.co\/QLbTYSR92l\">pic.twitter.com\/QLbTYSR92l<\/a><\/p>\n<p>\u2014 Eric Wall X \ud83c\udff4 (@ercwl) <a href=\"https:\/\/twitter.com\/ercwl\/status\/1588908349227118592?ref_src=twsrc%5Etfw\">November 5, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We believe you may have documents and data related to the ongoing investigation being conducted by SEC staff,&#8221; the regulator&#8217;s cover letter accompanying the researcher states.<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;For clarity: this is not out of respect for the SEC. I&#8217;m just sharing the information. I know that most of the HEX community are trailer-park folks and people who recently left cults. Most of you didn\u2019t know what you were doing. Good luck,&#8221; he wrote.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">To be clear I have no respect for the SEC, I do not respect them. Just sharing the info. I know most hexicans are trailer park folks and people who got out of cults recently and most of you didn\u2019t know what you were doing. Good luck. <a href=\"https:\/\/t.co\/CI7P1WkSQd\">pic.twitter.com\/CI7P1WkSQd<\/a><\/p>\n<p>\u2014 Eric Wall X \ud83c\udff4 (@ercwl) <a href=\"https:\/\/twitter.com\/ercwl\/status\/1588916899819421696?ref_src=twsrc%5Etfw\">November 5, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the last 24 hours the token has fallen by almost 10%. HEX trades at around $0.035 \u2014 93.1% below its January 2020 high (CoinGecko).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/E0A4k1Q3UOx0jK48Thre4BzEEzYnh7eTJuvRGq5B46eiZe600Tr4OButlKCzjmR1PVJnzDSyVauL_jnHUPNMLGG_du0aBlauT4apzQ07toTsT-5XXebpN4HQf-sQUunxLoIKN1uaHsqs8WEQGt4v1KbtbgLuPWoqEPUiDj5wfLUvsKZpyUhtOhf6JnkHxA\" alt=\"SEC \u0437\u0430\u0438\u043d\u0442\u0435\u0440\u0435\u0441\u043e\u0432\u0430\u043b\u0430\u0441\u044c \u043f\u0440\u043e\u0434\u0432\u0438\u0436\u0435\u043d\u0438\u0435\u043c \u043a\u0440\u0438\u043f\u0442\u043e\u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432 HEX, Pulsechain \u0438 PulseX\"\/><figcaption>Source: CoinGecko.<\/figcaption><\/figure>\n<p>Earlier, Hart said that <a href=\"https:\/\/forklog.com\/en\/news\/sothebys-sells-555-55-carat-black-diamond-the-enigma-for-4-29-million-in-cryptocurrency\">became the buyer of the rare black diamond The Enigma<\/a> at Sotheby\u2019s for $4.29m in cryptocurrency. He said the stone, under its new name HEX.com, would become the project community&#8217;s cultural heritage.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC subpoenas influencers involved in HEX, PulseChain and PulseX, according to Arcane Crypto&#8217;s chief investment officer, Eric Wall.<\/p>\n","protected":false},"author":1,"featured_media":69651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"SEC subpoenas influencers over HEX, PulseChain and PulseX promotions, per Arcane Crypto's Eric Wall.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1323,128],"class_list":["post-69650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investigations","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"SEC subpoenas influencers over HEX, PulseChain and PulseX promotions, per Arcane Crypto's Eric Wall.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69650"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69650\/revisions"}],"predecessor-version":[{"id":69652,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69650\/revisions\/69652"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69651"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}