• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Changpeng Zhao's Bullish Bitcoin Price Forecast Peaks Interest

    Changpeng Zhao’s Bullish Bitcoin Price Forecast Peaks Interest

    TeraWulf's Ambitious Expansion Plan

    TeraWulf Seeks $3.2 Billion Funding for AI and Bitcoin Hub

    Steak 'n Shake Launches Bitcoin Steakburger Amid Crypto Payments

    Steak ‘n Shake Launches Bitcoin Steakburger Amid Crypto Payments

    Cambodian Businessman Flees With $1.8B in Bitcoin

    Cambodian Businessman Flees With $1.8B in Bitcoin

    Chen Zhi Accused in $1.8B Bitcoin Heist

    Chen Zhi Accused in $1.8B Bitcoin Heist

    Bitcoin Adoption Gap and Institutional Potential

    Tom Lee: 95% of Investors Lack Bitcoin Exposure

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Daylight Secures $75M in Framework-Led Funding Round

    Daylight Secures $75M in Framework-Led Funding Round

    Kodiak Finance Adopts Orbs for Enhanced Trading

    Kodiak Finance Adopts Orbs for Enhanced Trading

    Deribit Adjusts Fees, Launches XRP, Solana Options

    Deribit Adjusts Fees, Launches XRP, Solana Options

    Deribit Updates Fee Structure as SOL and XRP Go Live

    Deribit Updates Fee Structure as SOL and XRP Go Live

    Pi Network Introduces PiUSD Stablecoin Usage Limits

    Pi Network Introduces PiUSD Stablecoin Usage Limits

    Pi Network Confirms No PiUSD Stablecoin Yet

    Pi Network Confirms No PiUSD Stablecoin Yet

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

SEC Drops Lawsuit Against Richard Heart’s Crypto Projects

Solomon M. by Solomon M.
April 23, 2025
in Altcoin News
richard heart crypto victory
Key Points:
  • SEC drops case against Richard Heart’s projects.
  • Court dismissed initial complaint for lack of jurisdiction.
  • Outcome provides regulatory clarity for HEX and affiliates.
sec-drops-lawsuit-against-richard-hearts-crypto-projects
SEC Drops Lawsuit Against Richard Heart’s Crypto Projects

Richard Heart, founder of cryptocurrency projects HEX, PulseChain, and PulseX, saw the SEC’s case against him dismissed as the regulatory body decided not to pursue an amended complaint.

Richard Heart and his projects were accused by the SEC of raising over $1 billion through unregistered offerings. The court dismissed the SEC’s complaint due to Heart’s activities lacking U.S. investor targeting.

Judge Carol Bagley Amon dismissed the initial complaint in February 2025, citing jurisdiction issues. The SEC’s deadline to amend expired, signaling a win for Heart, his projects, and his legal representation.

The dismissal brings no immediate financial changes in funding or grants. Heart claims a new regulatory clarity for his projects, despite unspecified institutional involvement or liquidity shifts.

Richard Heart, Founder, HEX/PulseChain/PulseX, celebrated the court’s dismissal as “a complete victory” for himself and his projects, stating: “The SEC actually sued software code itself in this case, claiming it could be an alter ego of a person. This would have set a terrible precedent and caused perhaps multiple billions of dollars of damage to the vital open source and free software industry that powers most of the Internet and your speech on it.”

Historically, such regulatory dismissals often lead to short-term price volatility. Experts suggest long-term price implications depend on broader market conditions and ongoing regulatory landscapes. Heart celebrated it as a victory for open-source software.

Heart’s success against the SEC is unprecedented, as previous crypto regulatory actions rarely conclude similarly. Legal experts note this as a unique dismissal, potentially impacting future crypto regulatory approaches.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

BlockDAG Set for Global Tour; BTC Price Stuck & SUI Signals Surge

Next Post

Missed HNT? Qubetics Is the One Still Under $0.20 and One of the Best Cryptos to Buy This Month

Solomon M.

Solomon M.

Related Posts

Daylight Secures $75M in Framework-Led Funding Round

Daylight Secures $75M in Framework-Led Funding Round

by Solomon M.
October 16, 2025

DePIN project Daylight raises $75 million in major funding led by Framework Ventures.

Kodiak Finance Adopts Orbs for Enhanced Trading

Kodiak Finance Adopts Orbs for Enhanced Trading

by Solomon M.
October 16, 2025

Kodiak Finance integrates Orbs' protocols, boosting trading capability for Berachain's leading DEX.

Deribit Adjusts Fees, Launches XRP, Solana Options

Deribit Adjusts Fees, Launches XRP, Solana Options

by Adriana M.
October 16, 2025

Deribit revises fee structure, adds XRP and Solana options amid increased demand.

Deribit Updates Fee Structure as SOL and XRP Go Live

Deribit Updates Fee Structure as SOL and XRP Go Live

by Solomon M.
October 16, 2025

Deribit revises fees, introduces SOL and XRP options to diversify crypto derivatives trading.

Pi Network Introduces PiUSD Stablecoin Usage Limits

Pi Network Introduces PiUSD Stablecoin Usage Limits

by Solomon M.
October 16, 2025

Pi Network unveils PiUSD stablecoin with monthly cap for payments. Limited speculative impact observed.

Pi Network Confirms No PiUSD Stablecoin Yet

Pi Network Confirms No PiUSD Stablecoin Yet

by Solomon M.
October 16, 2025

Analysis reveals no PiUSD stablecoin development by Pi Network. Current trading focuses on native PI asset.

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.