SEC Serves Lawsuit to HEX Founder Richard Heart in Helsinki

HEX Founder Faces 1 Billion Dollar Unregistered Securities Lawsuit

The SEC served its lawsuit to HEX founder Richard Heart at his Helsinki home. The lawsuit alleges he made over $1 billion selling unregistered securities and misappropriated funds for personal expenses. 

Despite difficulties in locating him, Heart has remained active online, posting about crypto related events. HEX's value has significantly declined.