Richard Heart Charged


I posted about this back in FTX, and I did a livestream of this top, and I was making a warning that this guy will get busted, and I was correct.

Quote:Washington D.C., July 31, 2023 —
The Securities and Exchange Commission today charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he controls, Hex, PulseChain, and PulseX, with conducting unregistered offerings of crypto asset securities that raised more than $1 billion in crypto assets from investors. The SEC also charged Heart and PulseChain with fraud for misappropriating at least $12 million of offering proceeds to purchase luxury goods including sports cars, watches, and a 555-carat black diamond known as ‘The Enigma’ – reportedly the largest black diamond in the world.

According to the SEC’s complaint, Heart began marketing Hex in 2018, claiming it was the first high-yield “blockchain certificate of deposit,” and began promoting Hex tokens as an investment designed to make people “rich.” From at least December 2019 through November 2020, Heart and Hex allegedly offered and sold Hex tokens in an unregistered offering, collecting more than 2.3 million Ethereum (ETH), including through so-called “recycling” transactions that enabled Heart to surreptitiously gain control of more Hex tokens. The complaint also alleges that, between at least July 2021 and March 2022, Heart orchestrated two additional unregistered crypto asset security offerings that each raised hundreds of millions of dollars more in crypto assets. As alleged, those funds were intended to support development of a supposed crypto asset network, PulseChain, and a claimed crypto asset trading platform, PulseX, through the offerings of their native tokens, respectively, PLS and PLSX. Heart also allegedly designed and marketed a so-called “staking” feature for Hex tokens, which he claimed would deliver returns as high as 38 percent. The complaint further alleges that Heart attempted to evade securities laws by calling on investors to “sacrifice” (instead of “invest”) their crypto assets in exchange for PLS and PLSX tokens.

So, when they charged someone, the feds freeze the funds of the $1 billion. This guy was raking in the cash big time. This guy have claimed that he was the spam king who was the first charged for spamming in the early 2000s. He then phished his medical junk in spam emails, and he offered money to people to spam other people as well. He also got into the ponzi scheme stuff back then with MLMs, and all that.

Never heard of him

Who? He must have stepped on some of the elites toes.

That is a small list of celebs that promoted this scam. Yes, Fred Durst of Limp Bizkit is on the list.

Dez Bryant
Randy Couture
JJ Yeley since his car was sponsor by HEX last yeat at Daytona.
Rebecca Grant
I think if I remember right, Floyd Merryweather JR.
John Cena I think
there are some politicians and in government also invested into Hex.
Some of the celebrities who promoted FTX also promoted Hex as well.
Diddy
Snoop Dogg


Richard The Spamming His Heart Out In The Past

Richard Heart From Spam King To Scam King

Quote:From 2005 through 2007, Heart was linked to a criminal network operating in Panama. Laundry crimes, theft, extortion, and blackmail are related to the Heart’s multiple names in Panama during the time.

According to Panama-Guide.com, associates of the HEX founder included robbers, extortionists, and corrupt attorneys and judges.

Peacefire.org successfully sued Heart in 2002 for breaching Washington’s anti-spam statute. However, Heart’s dark background as the “Spam King” is perhaps the most terrifying revelation.

Heart who’s real name is actually Richard Schueler was identified in a 2007 Google Groups post by Miguel Antonio Bernal as belonging to a new generation of robbers. The piece discusses how American criminals flow into Panama to loot, defraud, and extort local business people while taking advantage of Panama’s lax judicial system.

Heart now positions himself as a thought leader in the cryptocurrency field. However, while Satoshi Nakamoto was working on Bitcoin, Richard Heart introduced anti-aging products.

We had ponzi scams of HYIPs and MLMs that came out of Panama during that time which I remember how corrupt Central American countries have been hiding scammers and all that.

More On Heart

I remember that top picture of Heart from 2005 as it was also plastered on the TalkGold forum that I used to mod. Nobody was kind to help then, and now the truth about him coming out? he is now the scam king of all time. FTX could be more in a short amount of time, but Heart scammed people for like 20 years now.

Don't F'n care about this imaginary Schiff.

Many of us were wary of it from the beginning.

I don't get it.

(08-14-2023 04:44 PM)BartlettTigerFan Wrote:  I don't get it.

Too many people fall for these scams, and get blindsided from the feds cracking down. They saw a way to get rich quick which is why billions of $$$$$$$ are lost to these scams every year.

(08-16-2023 10:11 PM)DavidSt Wrote:  

(08-14-2023 04:44 PM)BartlettTigerFan Wrote:  I don't get it.

Too many people fall for these scams, and get blindsided from the feds cracking down. They saw a way to get rich quick which is why billions of $$$$$$$ are lost to these scams every year.

How is that my problem?