US SEC Unsuccessful At Serving Lawsuit to HEX Founder
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US SEC Unsuccessful At Serving Lawsuit to HEX Founder

The United States Securities and Exchange Commission (SEC) reported that their attempt to serve HEX Founder in his lawsuit to appear in court has been unsuccessful.

The US SEC struggles to officially serve this lawsuit to HEX founder Richard Heart, who they claim is involved in a securities fraud involving $1 billion through unregistered sales. 

Richard Heart is believed to be in Finland, making it even harder for the SEC to reach him.

See Also: Crypto Custodian Hex Trust Obtains Full License In Dubai

However, the US SEC may find other ways to serve Heart if they can’t reach him soon, as per their recent court filing. This comes after he was accused of promising investors high returns on Hex tokens.

Alternative service methods are being considered, though the court filing doesn’t specify which ones. In related news in the UK, a judge recently allowed legal notices to be delivered through blockchain.

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