Cryptocurrency Q&A
Did heart create two unregistered crypto tokens to support pulsechain and pulsex?
Did heart create two unregistered crypto tokens to support pulsechain and pulsex?
CryptoAce
Sat Jun 22 2024
|
5 answers
723
I've been hearing whispers in the crypto community about Heart potentially creating two unregistered tokens in support of PulseChain and PulseX. Could you elaborate on this? Specifically, are there any official statements or confirmations from Heart regarding the creation of these tokens? Are they intended for use specifically with PulseChain and PulseX, or do they have broader applications? Additionally, what are the potential risks and implications of unregistered tokens being utilized in this manner? It's crucial for investors and the community to have clarity on such matters.
5 answers
Chiara
Mon Jun 24 2024
Following the news of the SEC's complaint, the market reacted swiftly, with the prices of HEX, PLS, and PLSX tokens declining sharply.
Was this helpful?
101
92
TaekwondoMasterStrength
Mon Jun 24 2024
The SEC has levied allegations against Heart, claiming that between July 2021 and March 2022, the company created two unregistered crypto tokens, PLS and PLSX.
Was this helpful?
60
97
MysticGlider
Mon Jun 24 2024
These tokens, according to the SEC, raised substantial amounts in crypto to fund PulseChain and PulseX projects.
Was this helpful?
102
63
Martina
Mon Jun 24 2024
Specifically, the complaint by the SEC details that the funds raised through PLS and PLSX supported the operations of PulseChain and PulseX.
Was this helpful?
364
40
CryptoMaven
Sun Jun 23 2024
On Monday, the HEX token dropped 24% in value, while PLS and PLSX tokens fell by 25% and 42% respectively.
Was this helpful?
96
81
