U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

CoinDesk reported:

“Heart pumped Hex’s capacity for investment gain, claiming at Hex.com (until at least November 1, 2020) that, ‘Hex is designed to surpass ETH, which did 10,000x price in 2.5 years. It’s working! So far, HEX’s USD price went up 115x in 129 days,'” the suit said. ‘On December 2, 2019, during a seven-hour livestream on YouTube hours before the Hex Offering commenced, Heart stated that Hex “was built to outperform Ethereum and Bitcoin and all other cryptocurrencies.'”

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