Mr Coins 🥂

It’s just a game. Playing Cryptopoly since December 2013. #bitcoin #eth #pulsechain $cah 🌙🌴

[Mr Coins 🥂 @CryptoDabbler]

SEC Formally Ends Case Against Richard Heart — No Amended Complaint to Be Filed

Today, the U.S. Securities and Exchange Commission (SEC) submitted official notice to the Eastern District of New York confirming it will not file an amended complaint in the case SEC v. Richard J. Schueler (a.k.a. Richard Heart), HEX, PulseChain, and PulseX (Case No. 1:23-cv-05749-CBA-PK).

The original complaint, filed in July 2023, alleged violations related to unregistered securities and misappropriation of funds. On February 28, 2025, U.S. District Judge Carol Bagley Amon dismissed the SEC’s complaint in full, granting the Commission leave to amend. That deadline was later extended to April 21, 2025.

In a letter filed today, the SEC officially declined to amend the complaint, bringing the case to a final and conclusive end. This decision confirms that HEX, PulseChain, and PulseX are not securities, as determined by the Court, and affirms the decentralized nature of the projects built by Richard Heart.

This outcome marks a major legal and ideological victory for decentralized finance and the broader crypto industry.

[Mr Coins 🥂 @CryptoDabbler]

SEC Formally Ends Case Against Richard Heart — No Amended Complaint to Be Filed

Today, the U.S. Securities and Exchange Commission (SEC) submitted official notice to the Eastern District of New York confirming it will not file an amended complaint in the case SEC v. Richard J. Schueler (a.k.a. Richard Heart), HEX, PulseChain, and PulseX (Case No. 1:23-cv-05749-CBA-PK).

The original complaint, filed in July 2023, alleged violations related to unregistered securities and misappropriation of funds. On February 28, 2025, U.S. District Judge Carol Bagley Amon dismissed the SEC’s complaint in full, granting the Commission leave to amend. That deadline was later extended to April 21, 2025.

In a letter filed today, the SEC officially declined to amend the complaint, bringing the case to a final and conclusive end. This decision confirms that HEX, PulseChain, and PulseX are not securities, as determined by the Court, and affirms the decentralized nature of the projects built by Richard Heart.

This outcome marks a major legal and ideological victory for decentralized finance and the broader crypto industry.

[Mr Coins 🥂 @CryptoDabbler]

@RichardHeartWin RH’s Legacy

Richard Heart stood against the storm and won.

This isn’t just a legal win. It’s a narrative shift.

From FUD to facts.

From outsider to pioneer.

The next era of #PulseChain starts NOW.

$PLS $PLSX $HEX $INC

[Mr Coins 🥂 @CryptoDabbler]

SEC Formally Ends Case Against Richard Heart — No Amended Complaint to Be Filed

Today, the U.S. Securities and Exchange Commission (SEC) submitted official notice to the Eastern District of New York confirming it will not file an amended complaint in the case SEC v. Richard J. Schueler (a.k.a. Richard Heart), HEX, PulseChain, and PulseX (Case No. 1:23-cv-05749-CBA-PK).

The original complaint, filed in July 2023, alleged violations related to unregistered securities and misappropriation of funds. On February 28, 2025, U.S. District Judge Carol Bagley Amon dismissed the SEC’s complaint in full, granting the Commission leave to amend. That deadline was later extended to April 21, 2025.

In a letter filed today, the SEC officially declined to amend the complaint, bringing the case to a final and conclusive end. This decision confirms that HEX, PulseChain, and PulseX are not securities, as determined by the Court, and affirms the decentralized nature of the projects built by Richard Heart.

This outcome marks a major legal and ideological victory for decentralized finance and the broader crypto industry.

[Mr Coins 🥂 @CryptoDabbler]

@RichardHeartWin Community Vindication

The community never wavered.

Now you’ve been vindicated, and the energy that comes from this will be explosive. The next wave starts now.

[Mr Coins 🥂 @CryptoDabbler]

@yourfriendSOMMI @Tobiwan_Hexobi Richard Heart Won 🏆

[Mr Coins 🥂 @CryptoDabbler]

SEC Formally Ends Case Against Richard Heart — No Amended Complaint to Be Filed

Today, the U.S. Securities and Exchange Commission (SEC) submitted official notice to the Eastern District of New York confirming it will not file an amended complaint in the case SEC v. Richard J. Schueler (a.k.a. Richard Heart), HEX, PulseChain, and PulseX (Case No. 1:23-cv-05749-CBA-PK).

The original complaint, filed in July 2023, alleged violations related to unregistered securities and misappropriation of funds. On February 28, 2025, U.S. District Judge Carol Bagley Amon dismissed the SEC’s complaint in full, granting the Commission leave to amend. That deadline was later extended to April 21, 2025.

In a letter filed today, the SEC officially declined to amend the complaint, bringing the case to a final and conclusive end. This decision confirms that HEX, PulseChain, and PulseX are not securities, as determined by the Court, and affirms the decentralized nature of the projects built by Richard Heart.

This outcome marks a major legal and ideological victory for decentralized finance and the broader crypto industry.

[Mr Coins 🥂 @CryptoDabbler]

Richard Heart Won 🏆

[Mr Coins 🥂 @CryptoDabbler]

@TomkiwMich70997 @RichardHeartWin One day RH might tell us about a Maker front end that uses native pDAI and is not a DAO ie no governance features. Not run by humans. Just exists and cannot be changed🤞

[Mr Coins 🥂 @CryptoDabbler]

@RichardHeartWin Someone is gonna find a secret message here 🐣

[Mr Coins 🥂 @CryptoDabbler]

@HansieCrypto @RichardHeartWin As far as I am aware, MKR cannot be restarted. But then I have also heard it can too 🤷‍♂️

[Mr Coins 🥂 @CryptoDabbler]

@TomkiwMich70997 How do you see this stuff? 👀

[Mr Coins 🥂 @CryptoDabbler]

@dean_moloney1 @RichardHeartWin Richard's screenshot is of the pMKR (MKR on PulseChain) supply

[Mr Coins 🥂 @CryptoDabbler]

@Coexisteven @ItsmeCR5555 @CryptoAnon94 @AlkaLine_9 @TechD_Crypto @pulsexMoonshot When you look at your portfolio and it is -95% it sure feels like a loss - even if it isn't realized

[Mr Coins 🥂 @CryptoDabbler]

@k_cattie Maybe a Maker WITHOUT governance, WITHOUT any human controls is the way forward.

[Mr Coins 🥂 @CryptoDabbler]

If someone could fix the vulnerabilities in MakerDAO and re-launch it.... it would be an unbeatable decentralised self-supporting financial ecosystem

[Kotryna Weber @k_cattie]

Literally, why the f would you have unlimited mintability of the governance token on a protocol that has more than 7 billion of highly liquid collateral to be redeemed by it on Ethereum?! Not even considering the mints you can do by modifying the oracles to acquire all the Dai liquidity and being able to short everything that would crash with Dai nuking on Ethereum.

I wonder how hard would it be to bribe delegates to share those billions with the keys they hold?

Maker is beautifully designed and there is a lot of thought put to it all. But the vulnerabilities are so high risk to nuke Ethereum that it's hard to ignore them.