Big news in the world of cryptocurrency! A judge decided that the SEC (that's like the government's watchdogs for money stuff) couldn't sue Richard Heart, the creator of some crypto projects like HEX, PulseChain, and PulseX.
The judge said the SEC didn't prove Richard tried to sell his crypto specifically to people in the U.S. His online stuff was available worldwide, not just in America.
This is important because it shows how hard it is to regulate crypto, especially when it's spread across the whole world.
- The SEC's lawsuit was dismissed.
- The judge said Richard Heart's actions didn't target US investors.
- The SEC might try to appeal the decision.
Fact | Details |
---|---|
Outcome | SEC lawsuit dismissed |
Reason | No evidence of targeting US investors |
Next Steps | SEC can appeal within 20 days |