## Richard Heart's Legal Battle Against the SEC: A Costly Victory?
Richard Heart, the controversial creator of HEX, has achieved a turning point in his prolonged confrontation with U.S. regulators. In late April, the SEC announced it would neither appeal nor file a new fraud case against the former child actor turned cryptocurrency evangelist. This development came after charges were dismissed by a federal court in February.
The core of the judicial decision hinged on jurisdiction, not innocence. Judge Carol Bagley Amon determined that, since Richard Heart does not reside in the United States
View OriginalRichard Heart, the controversial creator of HEX, has achieved a turning point in his prolonged confrontation with U.S. regulators. In late April, the SEC announced it would neither appeal nor file a new fraud case against the former child actor turned cryptocurrency evangelist. This development came after charges were dismissed by a federal court in February.
The core of the judicial decision hinged on jurisdiction, not innocence. Judge Carol Bagley Amon determined that, since Richard Heart does not reside in the United States