The SEC is Suing HEX and PulseChain creator Richard Heart.
đ˘ He allegedly used at least $12 million in investor funds to purchase "exorbitant luxury goods," including a 555-karat black diamond called The Enigma, worth roughly $4.3 million, the suit claims. His other alleged splurges included a $1.38 million Rolex watch, a $534,916 McLaren sports car and a $314,125 Ferrari Roma, according to the complaint.