SEC Gets Schooled: Judge Tosses Entire Case Against Crypto Maverick Richard Heart
In a stinging rebuke to regulators, the SEC’s lawsuit against HEX founder Richard Heart collapses—proving once again that throwing ’security’ labels at crypto projects is getting harder than explaining DeFi to a boomer banker.
The dismissal cuts through the agency’s flimsy arguments like a hot wallet through butter. No settlements, no fines—just a full retreat by the same bureaucrats who still think ’stablecoin’ refers to their 2% Treasury yields.