November 14, 2024

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SEC serves suit to evasive Richard Heart in Finland, but not in person

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SEC serves suit to evasive Richard Heart in Finland, but not in person

The United States Securities and Exchange Commission said it served its lawsuit to HEX founder Richard Schueler — aka Richard Heart — at his house in Finland’s capital of Helsinki.

In a Dec. 11 New York District Court

While Heart has kept his whereabouts closely guarded, it hasn’t stopped him from remaining active online.

Since the SEC’s Nov. 21 status report, Heart has made over 40 X (Twitter) posts, concerning current crypto-related events such as Binance’s settlement with the Department of Justice in November, Sam Bankman-Fried’s trial, and updates on Do Kwon.

HEX is down 81.5% over the past year and 99% since its Sept. 19, 2021, all-time high of $0.5, per CoinGecko data.

Magazine: Crypto City Guide to Helsinki: 5,050 Bitcoin for $5 in 2009 is Helsinki’s claim to crypto fame