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Bloomberg: Judge Dismisses US SEC Lawsuit Against Hex Token Founder Richard Heart
BlockBeats News, March 1st, according to Bloomberg, a federal judge in Brooklyn, New York, dismissed a lawsuit by the U.S. SEC against cryptocurrency founder Richard Heart. The founder was accused of unlawfully using millions of dollars of investor funds to purchase a 555-carat diamond. The SEC alleged that Heart raised over $1 billion through the sale of unregistered securities, including the Hex token and other digital assets associated with his PulseChain blockchain network and PulseX decentralized finance platform.
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2026-11-11
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