SEC Drops Fraud Case Against HEX Founder Richard Heart
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The U.S. Securities and Exchange Commission has formally dropped its fraud case against Richard Heart, founder of HEX, PulseChain, and PulseX. The agency informed the Eastern District Court of New York it would not amend its complaint, bringing the case to a close. David Kirk, Heart’s attorney, called it a complete victory for his client. This is reportedly the only SEC enforcement action against a crypto industry participant dismissed in its entirety by a federal judge.
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