Unregistered Crypto Asset Securities Offerings that Raised more than $1 Billion!

in LeoFinancelast year

** SEC Charges Hex Founder Richard Heart with Misappropriating Millions of Dollars of Investor Funds from Unregistered Crypto Asset Securities Offerings that Raised more than $1 Billion.
**The SEC is gonna begin to clean house... or maybe this one was just bound to happen...

"Heart began marketing Hex in 2018, claiming it was the first high-yield 'blockchain certificate of deposit,' and began promoting Hex tokens as an investment designed to make people 'rich,'" read the SEC's complaint.

Check out the sec online doc here:

SEC.gov | SEC Charges Hex Founder Richard Heart with Misappropriating Millions of Dollars of Investor Funds from Unregistered Crypto Asset Securities Offerings that Raised more than $1 Billion