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No Richard Hearts new Pulse chain is not a game changer that will make you rich and here's why.

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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 ā€˜Spam King’ might be the least worrying fact to emerge.
  • Screenshots from 2005 expose Richard James Shueler as the ā€˜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 ā€œnew breed of thievesā€. The post describes the process by which American criminals flooded Panama to ā€œrob, cheat and blackmail local businessmen using Panama’s weak legal systemā€.

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

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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