Richard Heart won! A U.S. federal court dismissed all charges against the founder of HEX by the SEC, citing insufficient evidence. This is the first time a Layer 1 Blockchain founder has achieved a complete victory in a lawsuit against the SEC, marking a milestone moment in the encryption industry.

What does this mean? For decentralized projects, this ruling proves that open-source architecture and true on-chain governance can stand firm legally. It is difficult for regulators to convict a system that has no central entity—this is good news for the entire ecosystem.

HEX itself is a CD product on the Ethereum Blockchain, generating returns through staking; PulseChain is its Ethereum fork, attempting to solve gas fees and scalability issues. Both projects are controversial—some say it's a Ponzi scheme, while others are optimistic about the community. But regardless, Heart's recent legal victory provides a reference model for all decentralized projects.

In the long run, this will encourage more developers to create truly decentralized systems. The regulatory framework also needs to keep up, otherwise it will be impossible to distinguish between innovative projects and real scams.