I just read that the SEC has completely withdrawn from the lawsuit against Richard Heart. This is probably the first time a regulator has completely given up on a cryptocurrency case. The court already dismissed the original complaint in February, and the SEC had until April to file an amended version. Instead, they simply withdrew. Richard Heart immediately declared a total victory, saying that his projects HEX, PulseChain, and PulseX now have regulatory clarity that almost no other token has. The case started in July 2023, when the SEC accused Heart of selling unregistered securities worth over a billion dollars. They also claimed he stole $12 million for himself for cars and watches. But now, everything is off the table. Interestingly, HEX dropped nearly 99.6% from its peak during this entire process. Only now, as the case has ended, is the token starting to recover a bit — it increased by 14% in the last 24 hours. It's curious that Richard Heart won against the SEC in court, but his investors still lost almost everything due to the price decline. Is this really a victory?

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