Hex Founder Richard Heart Claims Victory as SEC Abandons Fraud Lawsuit

Quick Summary:

The HEX founder is still listed as one of Europe's most wanted fugitives, and stands accused of tax evasion and assault.

He went on to describe the development as a "victory for open-source software, cryptocurrency, and free speech.

A federal judge dismissed the case in February after concluding that the SEC had failed to prove Heart's statements specifically targeted American consumers.

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Article Details

Author / Journalist: Connor Sephton

Category: Crypto

Markets: Estonia

Topics: SEC Business Securities and Exchange Commission U.S. Securities and Exchange Commission Richard Heart HEX

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 14:22:35 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 28173520

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 5 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 17 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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