The suit was served via an alternate method, as process servers were unsuccessful in contacting Richard Heart in person for months.
Category: HEX
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SEC files complaint against HEX founder for allegedly offering unregistered securities
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.”
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CertiK dissects the Axion Network incident and subsequent price crash
Auditors see foul play in the deployment of the smart contract, resulting in a classic scam.
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Axion’s Launch is Going to Make Crypto-Believers out of Mainstream Investors
This month, a new cryptocurrency project called the Axion Network will achieve a major milestone – it will see its mainnet launch and go public. The reason that’s so significant is that Axion represents a new breed of cryptocurrency. It’s not a utility token or an attempt at replacing fiat currencies. It’s an investment vehicle […]
The post Axion’s Launch is Going to Make Crypto-Believers out of Mainstream Investors appeared first on Bitcoin News.
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Last Chance to Get Staked $750+ Million HEX Payout November 19th, 2020
HEX.COM – The First High Interest Blockchain Certificate of Deposit – has outperformed every asset in 2020. Ranked Top 20 by Nomics (BTI verified #1 in Market Data Integrity), over $240 Million HEX are in active stakes paying a variable 28% APY. The average stake length is 5 years; the longest stakes are 15 years. […]
The post Last Chance to Get Staked $750+ Million HEX Payout November 19th, 2020 appeared first on Bitcoin News.
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Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token
Andreas Antonopoulos says he was offered 10 BTC for an interview with the objective to show that Hex is not a scam. The alleged offer comes as Hex proponents battle persistent Ponzi allegations. Antonopolous, an influential cryptocurrency advocate, also reveals the offer was on condition he does not disclose this inducement. Hex is an ERC20 […]
The post Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token appeared first on Bitcoin News.
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HEX Still Can’t Shake Scam Label as Token Approaches $1B Market Cap
A market cap surge from April still leaves HEX critics labeling the cryptocurrency a borderline Ponzi scheme.
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HEX Founder Richard Heart may be Recycling Funds From Ethereum Investors
The HEX project has had a very bad reputation since day one. It now appears that more evidence comes to light to put it in a bad spotlight. On Reddit, one user claims how HEX founder Richard heart is recycling funds. The HEX Saga Continues This is done to keep the token price afloat after it has collapsed entirely. It would certainly not be the first project to resort to these types of tactics. From day one, there have been numerous allegations regarding HEX and its creator’s intentions. Even today, there is still plenty of speculation as to why anyone
The post HEX Founder Richard Heart may be Recycling Funds From Ethereum Investors appeared first on The Merkle Hash.
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Massive Outflow of Ether Funds Spells bad News for HEX Investors
It now appears that the final nail is put in the HEX project. Despite raising millions in investments, most of the ethereum deposits have been cashed out. The HEX project has been very controversial since day one. Where is the HEX Funds Going? Despite a professional website and plausible explanation of the product, many suspected it was a pyramid scheme. It is still too early to determine if that is indeed the case. What is remarkable is how a lot of ether has been moved out of the so-called deposit address. This address holds investor funds and should never see
The post Massive Outflow of Ether Funds Spells bad News for HEX Investors appeared first on The Merkle Hash.
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New Investors are Less Eager to Invest in HEX
The HEX project continues to keep so many people engaged. There are even some interesting websites dedicated to this project, albeit it isn’t helping it get a better reputation. The Hexclaim website is very fascinating, for many different reasons. HEX Adoption is Finally Slowing Down One of the more intriguing updates is how early adopters continue to reinvest their earnings even today. That is rather surprising, given all of the bad press HEX has been getting. Despite its token value plummeting, some people still firmly believe in what this project has to offer. That in itself shows the appeal of
The post New Investors are Less Eager to Invest in HEX appeared first on The Merkle Hash.
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