SEC says it won’t re-file fraud case against Hex’s Richard Heart

The US Securities and Exchange Commission has said it doesn't intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart. “Plaintiff Securities and Exchange Commission provides this notice that it does not intend to file an amended complaint in this matter,” the regulator’s lawyer, Matthew Gulde, stated in an April 21 letter to New York District Court Judge Carol Bagley Amon.  The court had previously dismissed the SEC’s original complaint on Feb. 28 as Judge Amon said the regulator failed to establish that it had jurisdiction over Heart’s activities, which she said were not specifically targeted at US investors source: https://cointelegraph.com/news/sec-wont-retry-fraud-case-against-hex-richard-heart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound