SEC pushes back against Richard Heart’s bid to dismiss $1 billion fraud case

Assad Jafri

The SEC aggressively opposed Richard Heart’s attempt to dismiss a $1 billion fraud case, arguing that his widespread promotion of unregistered digital assets like HEX, PulseChain, and PulseX directly targeted US investors. The regulator’s Aug. 22 filing insisted that Heart’s actions fall squarely under US jurisdiction and that the evidence supports its claims of extensive […]

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SEC pushes back against Richard Heart’s bid to dismiss $1 billion fraud case