Richard Heart, the founder of HEX, PulseChain, and PulseX, is claiming victory after the Securities and Exchange Commission (SEC) dropped its fraud lawsuit against him. The SEC's decision comes after a federal judge reportedly dismissed the case in February.
Heart stated on X that he and his projects have achieved regulatory clarity. According to CoinGecko data, HEX has risen by 12.7% over the past 24 hours, extending to gains of 49% since this time last week.
It's important to note that despite this legal development, Heart is still subject to an Interpol red notice for tax fraud and assault charges.