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@ Layer3.news
2025-03-01 04:40:49
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US JUDGE TOSSES SEC FRAUD SUIT AGAINST HEX FOUNDER RICHARD HEART
https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDIvMDE5NTIwNDktZGVjNy03NjQ0LTk5OWEtMDE2OGNjNTE0YjEz.jpg
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✍️ A US judge dismissed the SEC's case against Hex founder Richard Heart, citing lack of jurisdiction over his global crypto activities.
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👉 US judge dismisses SEC's case against Hex founder Richard Heart
👉 Lack of jurisdiction cited as reason for dismissal
👉 Heart accused of defrauding investors of $12.1 million
👉 Funds allegedly spent on luxury items, including a black diamond
👉 SEC has 20 days to amend complaint and refile
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#RichardHeart #RichardSchueler #CarolBagleyAmon #UnitedStates #Finland #technology
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