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Richard Heart, founder of HEX, PulseChain, and PulseX, has declared victory over the SEC after the regulator abandoned its securities fraud lawsuit. The case was dismissed in February, with the SEC failing to file an amended complaint by the April 21 deadline. Heart remains under an Interpol red notice for unrelated charges.
- The SEC abandoned its fraud lawsuit against Richard Heart after a federal judge dismissed the case for lack of jurisdiction and failure to state a claim.
- Heart faces an Interpol red notice for unrelated charges, including tax fraud and assault, despite his legal win against the SEC.
- HEX's value has risen nearly 50% in the past week, signaling market confidence following the SEC's withdrawal.
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