I know, I know, it’s Halloween and the sugar levels are high
But today was a big day for the crypto industry
The SEC came after Richard Heart and Hex, Pulsechain and PulseX
I do not want to go too deep about it in this post. If you are actually interested about this stuff simply ask me any question I will do my best to answer but honestly on X (twitter) and YouTube there are plenty of people who are updating us about whats going on.
Long story short, SEC sucks, they have no idea what they are doing, the judge was grilling them today, and Richard Heart’s lawyers showed everyone why they are worth the big bucks.
Who is everyone?
Well…
Almost 100 community members came, around 55 of them were allowed inside during the 2ish hours.
100 people when the date was changed last minute is pretty phenomenal
Apparently everyone was well behaved, no one was making trouble or anything. Really good look.
The judge was also grilling the SEC hard. Saying where was this transaction made “on the blockchain” “ ok but where is the blockchain” the SEC had trouble answering the question “where is the blockchain”. Which makes sense because they are trying to go after Richard who apparently lives in Finland so what jurisdiction does the SEC have on the blockchain and a guy from Finland?
The one thing the judge needs to grasp is the concept of decentralization, the fact that pulsechain ecosystem doesn’t need any middle men
There was a lot going on and I will make a more detailed post with more context for you guys if there is somewhat of an interest so don’t be shy to ask me to post more I reply to engagement very positively
Personally I think news travels very slow sometimes and this is actually super bullish for the pulsechain ecosystem. Plenty of videos of people speaking to those who were there today and I feel soon we will see some big moves up in price.
You will know how much things who up when I start posting all kinds of gold and silver coins with my #silvergoldstackers buddies
Posted Using InLeo Alpha
It's all about the Benjamin's right from time, give them a huge cut and they look the other way
The SEC sure needs to start accepting the fact that crypto is going to make them lose their jobs and relevancy real soon. But it's good to see them trying to fight before falling flat.
the funny thing is people say things like “haha RH will be in jail soon” meanwhile SEC doesn’t arrest people lol the most they can do is fine him. People who went today said it seems like the SEC sent their B team, had trouble today while RH’s lawyers were hyper professional making the SEC look very incompetent, even the judge was grilling them