The provincial court judge rejected a lawsuit from the US Securities Organizer, which accuses the Hex Richard Hart founder of collecting more than one billion dollars through unregistered encryption offers and defrauding investors worth $ 12.1 million.
Hart, whose real name is Richard Schoiler, was also accused of spending those who are allegedly stolen for luxury money – including the largest black diamond in the world.
However, Judge Carol Bajali Amon said that these alleged deceptive actions cannot be determined because the Securities and Stock Exchange Committee failed to prove that the United States has a specialty of heart encryption activities – which it said is global in the range and does not specifically target American investors.
“An alleged embezzlement occurred through digital portfolios and encryption asset platforms, which none of which has any connection to the United States,” Amun He said The court ruling on February 28.
Amon added: “To the extent that the complaint shows that the hearts to which investors are subjected were allocated through deceptive mixer transactions, these measures occurred outside the United States in full.”
The distinctive codes that SEC claimed unregistered securities (PLS), Pulsex (PLSX) and Hex (Hex) – which increased about 36 %, 67 % and 78 %, respectively, respectively, since Amun issued the ruling.
heart Recognized This victory a The case of the court related to securities The Supreme Education Council had rarely, adding that he is now comfortable with seeing the pulse currencies and the hexagonal minerals.
“HEX has worked without defect for more than 5 years. Today’s decision is for the benefit of the founder of encrypted currencies and its projects on the Supreme Education Council brings welcoming and opportunity for all encrypted currencies,” the heart He said On February 28.
Eight of the Shueller hours were seized by the Finnish authorities. Source: Finland Police
However, Amun stated that the Supreme Education Council can amend the “palaces” in its complaint through recycling during the next twenty days (by March 20).
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In addition to the purchase of “The Enigma”-Black diamonds cost 555 carats costing 3.16 million British pounds ($ 3.97 million)-The securities organizer also accused the heart of spending investor money on McLaren and Ferrari for sports cars and four hours of Rolex cost $ 3.02 million between August 3, 2021, and September 2022.
Hart, an American citizen believed to live in Finland, is not completely due to legal troubles.
On September 13, 2024, Finnish authorities The heart was detained in reservation After the allegations of tax fraud and assault. However, the relevant authorities have not been able to locate.
A few months later on December 22, Interpol He issued a red notice The heart is based on the same allegations.
However, the Finnish authorities were able to seize it $ 2.6 million in hours He believes that he gave up.
Eight of the heart hours were seized by the Finnish authorities. Source: Finland Police
Although the authorities are still unable to locate the heart, it is still active on social media, and continues to promote encrypted currencies on X and download videos on his YouTube channel.
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