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SEC alleges Enigma Diamond was purchased with misappropriated funds - Jeweller Magazine: Jewellery News and Trends

The US Securities and Exchange Commission (SEC) has charged Hex cryptocurrency creator Richard Heart with selling unregistered securities – with the proceeds allegedly used to purchase the Enigma Diamond.
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SEC Charges Hex Founder Richard Heart with Misappropriating Millions of Dollars of Investor Funds from Unregistered Crypto Asset

The FINANCIAL -- The Securities and Exchange Commission today charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he controls, Hex, PulseChain, and PulseX, with conducting unregistered offerings of crypto asset securities that raised more than $1 billion in crypto assets from investors. The SEC also charged Heart and PulseChain with fraud forThe FINANCIAL -- The Securities and Exchange Commission today charged Richard Heart (aka Richard Schueler) and three unincor...
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