Emerson Sousa Pires
Co-founder of Mining Capital Coin. The SEC charged him alongside Luiz Capuci Jr. over MCC's allegedly fraudulent mining-package sales and obtained a default judgment of roughly $46M against the pair in 2025.
Also known as: Emerson Pires
Note: Emerson Sousa Pires has been charged civilly by the SEC; the allegations have not been adjudicated.
Bio
Emerson Sousa Pires co-founded Mining Capital Coin with Luiz Capuci Jr. The SEC's enforcement action alleged the pair sold unregistered, fraudulent "mining packages." A federal court entered a default judgment of about $46 million against Pires and Capuci in 2025, after freezing assets including funds, luxury cars, and boats. [1]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (1)
- Crypto Scheme Operators Ordered to Pay $46 Million in SEC Suit — Bloomberg Law
See also
Luke BelmarIndividualsCryptocurrency influencer Luke Belmar (@lukebelmar on X) became the subject of controversy following allegations related to the promotion of a memecoin. Critics on social media alleged that Belmar used a series of posts referencing a forthcoming cryptocurrency project and a large-scale airdrop to generate interest in a token without explicitly identifying a specific contract address. Belmar published multiple posts discussing an upcoming memecoin, describing plans for what he characterized as a major airdrop and making comparisons to other cryptocurrency projects. Because no contract address was publicly provided, several tokens emerged claiming association with his statements. Critics alleged that this ambiguity enabled speculation around multiple tokens while avoiding a direct endorsement of any particular asset.
HEX / PulseChain (Richard Heart)ProjectsCrypto projects (HEX, PulseChain, PulseX) created by Richard Heart (Richard Schueler). In July 2023 the U.S. SEC sued him for offering unregistered securities that raised $1B+ and for allegedly misappropriating ~$12M for luxury goods (including a 555-carat diamond). A court dismissed the case in 2024 for lack of U.S. jurisdiction; there was no finding of wrongdoing and Heart denies the allegations.
This page was last updated on Jun 15, 2026. View revision history.
