SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX

The SEC issued a subpoena as part of the investigation, which asked the influencers in question to produce the documents required to here on November 15, 2022.< /p> New

For several years, social media influencers have earned a bad reputation among regulators for selling risky and unverified tokens to millions of investors. Continuing to crack down on such scenarios, the United States Securities and Exchange Commission (SEC) has reportedly issued a subpoena to influencers who have been found promoting cryptocurrencies such as HEX, PulseChain, and PulseX.

Swedish researcher Eric Wall shared an official letter from the SEC dated November 1, addressed to influencers. It read:

"We believe you may have documents and data relevant to an ongoing investigation by staff of the United States Securities and Exchange Commission."

The letter was accompanied by a subpoena issued as part of the investigation, which required the influencers in question to produce the required documents by November 15, 2022.

GUYS. IT'S PASSING. Hexicans influencers are subpoenaed by the SEC on HEX, PulseChain and PulseX. The HEX news channels are filled with information on how to shred your digital evidence pic.twitter.com/PrTYBRT9Wc

While members of the HEX community fired back at the discovery as fake news, Wall was quick to point out that the HEX news channels on Discord and Telegram were filled with information about maintaining anonymity on data and discussions.

He further challenged the Hexians who claimed the subpoena was false, stating:

"Hexicans: Time to post the unblurred versions here. If they're fake, fine, right?"

On November 3, Richard Heart, the founder of HEX, tweeted:

"Do you take good advice when given? You think so, but do you really mean it? Do you use secret chats with self-destruct timers? Or are you a slow learner? C hard for you to click...