Reported about 7 hours ago
A federal judge has dismissed a lawsuit from U.S. securities regulators against Richard Heart, the founder of the Hex cryptocurrency, who was accused of raising over $1 billion through unregistered offerings and defrauding investors. The judge ruled that Heart's conduct lacked sufficient connection to the U.S. and noted that allegations of misappropriation of funds occurred entirely abroad. This ruling has been welcomed by Heart's spokesperson as a positive development for the cryptocurrency sector.
Source: YAHOO