Subject: public comment for reopened rule S7–04–23
From: Tom Sinha
Affiliation:

Oct. 30, 2023

how dare the corrupt SEC, which has become a common title for the company in the crypto space, alledge to protect investors, while making unsubstantiated and/or poorly researched claims, that Richard Heart has used investor funds, or could maybe be a scammer, which hundres of thousands thousands of loyal followers know very well to be false. this actions, calous at best malicious at worst, subsequently crashed all of our investments in the hex contract on ethereum and pulsechain, as well as pls, pls-x, hedron, and icosa, of which I am also invested in, to lose over 70% in value after the SEC's actions... can someone explain to me how this is protecting investors? how can this not be market manipulation? this has been the case for likely over 300,000 investors I estimate, investors that are here not least because they are tired of government related overeach and corruption. Due dillegence was not carried out in this case at all, clearly no effort has been made to understand the innovative code/smart contract for hex that is here to help better the world, cutting out middlemen so that no-one cannot be scammed, and mining hex in a way that is not harmful to people or the environment, making it a plus for both. You have chosen the most righteous man in all of crypto to condemn, at best acting on hear say, though there is a lot of information out there that suggests the reality is worse, Gary Gensler needs investigating for his ties to ftx and that massive scandal, of which all negative effects inccurred would never happen with hex. it seems the corrupt operations of the sec are more interested in collecting extortion money than protecting investors, and we as a community will do everything in our power to expose and overcome this injustice. 


it makes no sense, unless you are trying to stiffle innovation, which is good for the totality of humankind, to try and bind crypto projects with rules made in 1934. the blockchain has changed the landscape and you should be working WITH people like Richard Heart, democratically to forge a better path forward for the digital revolution that is currently taking place, to better the conditions that financially have been declining majorly since 2008.