The US Securities and Exchange Commission (SEC) has apparently issued subpoenas to cryptocurrency promoters of HEX, PulseChain and PulseX as part of an ongoing investigation, tweeted Eric Wall, CIO at Arcane Assets.
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GUYS. IT’S 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 😂😂😂 pic.twitter.com/PrTYBRT9Wc
— Eric Wall X 🏴 (@ercwl) November 5, 2022
According to published screenshots of SEC's letter to promoters, the financial watchdog wants to obtain information regarding promoters' financial status (banking accounts, crypto wallets) and agreements they had concluded with HEX, PulseChain or PulseX.
Those who have received subpoenas are required to provide documents by Nov. 15, 2022. The SEC made no public accusations against HEX, PulseChain or PulseX of wrongdoing.
Nor HEX, PulseChain or PulseX made any official statements regarding the matter. However, Wall noted that public groups related to the projects have started distributing advices to their followers on how to shred their digital traces.
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