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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.
Crypto influencer allegedly bought millions worth of watches, cars, and gems
The lawsuit is the latest in a string of SEC crypto enforcement actions this year.
The US Securities and Exchange Commission (SEC) has charged crypto influencer Richard Heart (aka Richard Schueler) with fraud for misappropriating at least $12 million of offering proceeds to purchase luxury goods including sports cars, ...
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 unincorporated entities that he controls, Hex, PulseChain, and PulseX, with conducting unregistered offerin...