Ethereum Transfer: Richard Heart-Linked Address Moves 10,990 ETH (~$42.6M) Amid SEC Action and Interpol Red Notice

According to on-chain analytics cited by COINOTAG News, Richard Heart‘s associated Ethereum address dispatched 10,990 ETH to a new wallet (0xafa…6C0d5), valuing roughly $42.6 million. The sender’s address has not indicated further movement, while the recipient shows no ensuing sell-off activity, signaling a potential positioning for custody or later liquidity events.

Regulatory actions surrounding Heart have been stylized in public records, with Interpol reportedly issuing a red notice in 2024 accusing the Hex founder of tax evasion and assault. In a separate enforcement action, the SEC filed suit on July 31, 2023, alleging Heart raised over $1 billion via PulseChain, PulseX, and Hex tokens and misappropriated at least $12 million of customer funds.

These developments highlight ongoing regulatory and on-chain risk in the crypto ecosystem, reinforcing the need for disciplined risk monitoring and credible disclosures for investors and platforms exposed to Richard Heart-related projects.