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Suspected Richard Heart Address Sells 4,978 ETH at an Average Price of $3,273
BlockBeats News, November 14th, according to EmberCN monitoring, a suspected Richard Heart-associated address received 4,978 ETH from the privacy tool Tornado Cash, which were sold for $3,273 each and exchanged for 16.294 million DAI.
Recently, Richard Heart transferred 154,000 ETH (approximately $6.11 billion) to 22 new wallets. These ETH were all 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 to 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, alleging 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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