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U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

Heart raised over $1 billion across three different unregistered securities offerings, the SEC alleged.

Richard Heart, creator of the Hex token and PulseChain platform, in a circa 2017 YouTube video. Heart has since transitioned from his once-trademark top hat to a somewhat flashier personal style. (Richard Heart/YouTube)
Richard Heart, creator of the Hex token and PulseChain platform, in a circa 2017 YouTube video. Heart has since transitioned from his once-trademark top hat to a somewhat flashier personal style. (Richard Heart/YouTube)