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TechFlow, April 23 — According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) announced it will no longer refile its securities fraud lawsuit against Hex founder Richard Heart. This follows a court decision dismissing the SEC's original complaint, ruling that the agency failed to establish jurisdiction over Heart's activities. Heart called this a victory for open-source software, cryptocurrency, and free speech.
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) announced it will no longer refile its securities fraud lawsuit against Hex founder Richard Heart. The decision follows a court dismissal of the SEC's original complaint, in which the judge ruled the agency failed to establish jurisdiction over Heart's activities. Heart called this a victory for open-source software, cryptocurrency, and free speech.
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