Odaily Planet Daily News The US SEC sued Hex and Pulsechain founder Richard Heart for allegedly selling unregistered securities. According to the SEC, Heart raised more than $1 billion through the sale of project tokens. The SEC stated that Heart had previously made comments suggesting that Hex would rise, and the current Hex price has fallen by 98.4% from its historical high.


In addition, the SEC pointed out that Heart misappropriated more than $12 million in client funds for personal purchases of luxury goods, rather than development agreements. (The Block)
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