Big news in the world of cryptocurrency! A judge threw out a case against Richard Heart, a guy who made a lot of money from his cryptocurrency projects, Hex, PulseX, and PulseChain. The government (SEC) said he tricked people into investing and spent their money on fancy things like a giant black diamond! But the judge said the case wasn't strong enough because it wasn't clear he targeted people specifically in the United States.
- Richard Heart created cryptocurrencies like Hex and PulseChain.
- The SEC thought he lied to investors and stole their money.
- He allegedly bought expensive cars and a huge black diamond.
- The judge dismissed the case due to lack of evidence of US-based victims.
| Fact | Amount |
|---|---|
| Money raised (allegedly) | Over $1 billion |
| Money allegedly stolen | $12.1 million |
| Cost of black diamond | $4.28 million |
