💨 Abstract

A U.S. federal judge has dismissed a lawsuit by the Securities and Exchange Commission (SEC) against online entrepreneur Richard Heart, who raised over $1 billion through unregistered cryptocurrency offerings. The judge cited a lack of ties between Heart's alleged conduct and the U.S., as he resides in Finland. The SEC accused Heart of defrauding investors out of $12.1

Courtesy: theprint.in

Summarized by Einstein Beta 🤖