Hex founder Richard Heart has been charged with offering $1 billion worth of unregistered securities. That’s not all. The charges also include allegations he used $12 million worth of proceeds to buy a 555-carat black diamond called “The Enigma.” Readers may remember HEX from its ads in The Economistor Heart’s promises in YouTube videos that: “If you want to get rich, [Hex is] built for that.”
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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
Solana Foundation General Manager Johnny Lee tells Decrypt’s Jason Nelson about how the Solana network will tackle the scaling problem that blockchain games pose for the industry.