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Suspected Richard Heart Address Sells 4,978 ETH at an Average Price of $3,273

3 hours ago

On November 14th, as per the monitoring of EmberCN, a suspected address associated with Richard Heart received 4,978 ETH from the privacy tool Tornado Cash. These ETH were sold at a price of $3,273 each and were exchanged for 16.294 million DAI. Recently, Richard Heart transferred 154,000 ETH (approximately $6.11 billion) to 22 new wallets. All these ETH were purchased in March 2024 at an average price of $3,779, totaling 6.21 billion DAI. In 2024, the International Criminal Police Organization issued a red notice against Richard Heart, the founder of Hex and PulseChain, accusing him of serious tax evasion and assault. On July 31, 2023, the U.S. Securities and Exchange Commission (SEC) sued Richard Heart, claiming that Heart raised over $1 billion by selling tokens of the Pulsechain, PulseX, and Hex projects and misappropriated at least $12 million of customer funds.
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