just saw that richard heart actually won his whole legal battle with the SEC. they literally gave up and aren't filing any new complaints. the original case got dismissed back in february and they had until april to come back with something better, but they just... didn't. pretty wild tbh

so basically richard heart and his projects HEX, PulseChain, and PulseX are in the clear now. the SEC originally came after him in 2023 claiming he sold unregistered securities and stole like $12 million to buy lambos and diamonds lol. they said he was marketing HEX as some high-yield staking thing with crazy returns

but yeah, court tossed it all out and SEC decided not to pursue it further. richard heart is calling it a total win for crypto, saying this is the only case where the SEC actually lost completely. he's got a point that it's rare

funny thing though - HEX token got absolutely destroyed during all this legal drama. down like 99% from its peak before the charges. though it's been pumping lately since the case ended. up 14% in a day, 50% in a week according to the data. guess people are optimistic now that richard heart cleared his name