Richard Heart, founder of HEX, has declared a legal victory over the SEC after fraud charges were dismissed. However, he still faces serious allegations in Europe, including tax evasion and assault.
- The SEC's fraud case against Richard Heart was dismissed due to lack of jurisdiction, as Heart's activities were deemed not specifically targeting U.S. investors.
- Finnish authorities are pursuing Heart for alleged tax evasion and assault, with millions in luxury watches seized during investigations.
- HEX's price and trading volume remain low, with critics labeling it a potential Ponzi scheme due to its high-yield promises and Heart's majority token ownership.
📎 Related coverage from: cointelegraph.com
