HEX Founder Faces 1 Billion Dollar Unregistered Securities Lawsuit
The SEC served its lawsuit to HEX founder Richard Heart at his Helsinki home. The lawsuit alleges he made over $1 billion selling unregistered securities and misappropriated funds for personal expenses.
Despite difficulties in locating him, Heart has remained active online, posting about crypto related events. HEX’s value has significantly declined.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
SEC Serves Lawsuit to HEX Founder Richard Heart in Helsinki
HEX Founder Faces 1 Billion Dollar Unregistered Securities Lawsuit
The SEC served its lawsuit to HEX founder Richard Heart at his Helsinki home. The lawsuit alleges he made over $1 billion selling unregistered securities and misappropriated funds for personal expenses.
Despite difficulties in locating him, Heart has remained active online, posting about crypto related events. HEX’s value has significantly declined.