SEC drops lawsuit against Hex founder
2025-04-23 05:09:31
On April 23rd, according to Cointelegraph, the Securities Exchange Commission (SEC) announced that it will not resubmit the securities fraud lawsuit against Hex founder Richard Heart. The court rejected the SEC's original lawsuit, finding that the regulator failed to prove jurisdiction over Heart's activities. Heart called it a victory for open-source software, cryptocurrency, and free speech.
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