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
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
ETH7.11%