So I saw a post a couple of minutes ago about Pulse chain, which is basically a direct copy of Ethereum. Everything you currently own on Ethereum is going to be copied over and you will basically double your current portfolio, sounds amazing right?
I thought so and decided to do a little digging and find out what this revolutionary new chain was all about. After about fifteen minutes of research I came to the conclusion that this is one of the biggest scams I’ve ever seen.
First – Who is Richard Heart the creator of HEX and Pulse chain?
Heart was successfully sued by Peacefire.org in 2002 for violating Washington state’s anti-spam laws. Yet Heart’s dark past as the ‘Spam King’ might be the least worrying fact to emerge. Screenshots from 2005 expose Richard James Shueler as the ‘Spam King’ | Source: PanamaGuide/Reddit Screenshots from between 2005 and 2007 show Heart (real name: Richard J. Scheuler) was investigated by authorities in Panama for theft and extortion. Heart has had multiple aliases – from James Hart, J. Richard, and Richard Schueler). Heart’s supposed cohorts included robbers, blackmailers, and corrupt government officials. A Google Groups post made by Miguel Antonio Bernal in 2007 references Heart/Schueler as belonging to a “new breed of thieves”. The post describes the process by which American criminals flooded Panama to “rob, cheat and blackmail local businessmen using Panama’s weak legal system”.
What is Hex token?
It’s basically Bitconnect “a Ponzi scheme”
Getting past that, is Pulse chain a scam?
Here are some sources that I found that make it seem like it is likely a scam
https://bowtiedisland.com/pulsechain-biggest-airdrop-or-biggest-scam-ever/ https://np.reddit.com/r/CryptoCurrency/comments/rzqh7o/gentle_reminder_pulse_x_pulse_chain_hex_and/?utm_source=share&utm_medium=web2x&context=3 https://cryptoslate.com/what-is-pulsex-and-why-did-people-give-it-a-billion-dollars/
other sources
Hex is an obvious scam by u/chicky_Nuggy
wantFI.com – Richard Heart’s Hex Token is a brilliant scam
TLDR: Is Pulse chain a scam?
I can’t prove it’s a scam but If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck
submitted by /u/Odlavso
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