The SEC has rejected Richard Heart's attempt to dismiss a $1 billion lawsuit alleging unregistered securities sales related to HEX, PulseChain, and PulseX. Heart argued the SEC lacked jurisdiction since he is not a U.S. resident, but the SEC emphasized his active promotion to U.S. investors and involvement of a U.S. developer. The lawsuit continues, with the next hearing set for October 24, 2024. #SEC #CryptoLawsuit #HEX

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