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coinpedia 2023-08-05 04:47:38

SEC Lawsuit Causes Hex to Lose $500M in Market Cap!

The post SEC Lawsuit Causes Hex to Lose $500M in Market Cap! appeared first on Coinpedia Fintech News Hex, a cryptocurrency exchange platform, lost a whopping $500 million in market capitalization after the US Securities and Exchange Commission (SEC) filed a lawsuit against the company. The SEC alleged that the platform was operating as an unregistered security and that its founder, Richard Heart, was using false claims and misleading information to promote the …

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