A federal judge dismissed the SEC’s case against HEX founder Richard Heart, finding the agency failed to show his crypto projects were specifically aimed at U.S. investors.
A federal judge dismissed the SEC’s case against HEX founder Richard Heart, finding the agency failed to show his crypto projects were specifically aimed at U.S. investors, highlighting limits in cross-border enforcement.
The U.S. Securities and Exchange Commission has filed a lawsuit against Richard Heart and his projects Hex, Pulsechain, and Pulsex, accusing them of raising over $1 billion through unregistered securities offerings and misappropriating at least $12.1 million for luxury purchases including a 555-carat diamond and luxury cars.
The SEC filed a lawsuit against Richard Heart (Richard Schueler) and his projects Hex, Pulsechain, and Pulsex, alleging unregistered securities offerings raising over $1 billion and misappropriation of investor funds for personal luxury purchases.
The SEC has sued Richard Heart and his crypto ventures Hex, Pulsechain, and Pulsex, alleging more than $1 billion was raised through unregistered securities offerings and that at least $12.1 million was misused for luxury purchases.
The SEC has sued Richard Heart and his projects Hex, Pulsechain, and Pulsex, alleging more than $1 billion in unregistered securities offerings and at least $12.1 million in misused investor funds for luxury purchases.
The U.S. SEC filed a lawsuit against Richard Heart (Richard Schueler) and his projects Hex, Pulsechain, and Pulsex, alleging they raised over $1 billion through unregistered securities offerings and misappropriated at least $12.1 million for personal luxury purchases.
HEX, an Ethereum-based ERC-20 token built around a time-lock staking model, is drawing renewed attention. Public reference data lists a circulating supply of 572.17 billion tokens and an all-time high of $0.56.
