TechFlow news — Coinbase product lead Conor Grogan tweeted that, based on public data and SEC allegations, wallets associated with Richard Heart (including PulseX/Pulsechain) hold at least $703 million worth of DAI, accounting for 15.5% of DAI's circulating supply.
Earlier, the U.S. Securities and Exchange Commission (SEC) sued Richard Heart, accusing him of selling unregistered securities. Heart is the founder of Pulsechain, PulseX, and Hex projects, having raised over $1 billion by selling tokens for these projects.
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