The post Richard Heart declares total victory as SEC drops case against HEX, PulseChain, and PulseX appeared on BitcoinEthereumNews.com.

The Securities and Exchange Commission (SEC) has dropped its case against cryptocurrency entrepreneur Richard Heart and his projects HEX, PulseChain, and PulseX. In the document submitted to Judge Carol Bagley Amon of the United States District Court for the Eastern District of New York, the SEC stated it “does not intend to file an amended complaint” after its original case was dismissed. Richard Heart claimed total victory Richard Heart instantly proclaimed he had won outright. He said the court had already dismissed the SEC’s whole case, and the SEC could not file another complaint. Heart said this outcome provides regulatory clarity that almost no other coins have. He said his projects are now safer to work on in ways that nearly no other coins are. Today the SEC notified the court that it “…does not intend to file an amended complaint…” and their deadline to do so has expired. The Court previously dismissed the SEC’s entire case. Richard Heart, PulseChain, PulseX, and HEX have defeated the SEC completely and have… pic.twitter.com/hKtUUQsPHn — Richard Heart (@RichardHeartWin) April 22, 2025 The SEC has chosen not to pursue a new complaint after a court made a ruling on February 28, 2025. The judge on that day dismissed the original complaint by the SEC but provided them with a deadline of March 20 to come up with a revised complaint. This was later extended to April 21, 2025, but the SEC has now chosen not to pursue further legal action against Heart and his cryptocurrency projects. Heart characterized this result as a total loss for the SEC in a crypto case. This is in contrast to other instances when the regulator chose to retreat. “This is the only case where the SEC lost and crypto won across the board, with a dismissal in court…

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Filed under: News - @ April 23, 2025 5:24 pm