SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX

SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX

The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022. Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX.Swedish researcher Eric Wall shared an official letter from the SEC dated Nov. 1,....


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