Big news that passes all the bitcoin maxis by:
"The final judgement is in. I have defeated the SEC in court, something almost no cryptocurrency has ever done. PulseChain, PulseX and HEX have a legal certainty almost no other coins have. I won for your freedom to publish and associate on the blockchain and to publish the software that empowers you to do so. I did it with no help at all from the "industry" that I've won a victory for. It's time for us all to take it to the next level, the coast is clear for greatness! New opportunities are now open!"
Further reading:
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https://twitter.com/x/status/1744858068981268985
Some heavy hitters forming his legal counsel. The idea that blockchains are speech; therefore, using blockchains is a protected human right as an exercise of free speech, guaranteed by the First Amendment forms part of his motion to dismiss.
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Full transcript: https://beta.fileverse.io/files/5343494b-2e9c-484e-9b50-31b78fc9fcad
The jurisdiction argument is strong. Hard to predict, but I will go for partial dismissal for the claims against Hex & PulseX due to jurisdictional weaknesses while allowing more specific fraud allegations to proceed. But pending additional arguments or evidence on these points.
It's a big case for Crypto, though. Yet relatively ignored.
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"The final judgement is in. I have defeated the SEC in court, something almost no cryptocurrency has ever done. PulseChain, PulseX and HEX have a legal certainty almost no other coins have. I won for your freedom to publish and associate on the blockchain and to publish the software that empowers you to do so. I did it with no help at all from the "industry" that I've won a victory for. It's time for us all to take it to the next level, the coast is clear for greatness! New opportunities are now open!"
Further reading:
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Thread 'Richard Heart taking on the SEC'
Jan 10, 2024https://twitter.com/x/status/1744858068981268985
Some heavy hitters forming his legal counsel. The idea that blockchains are speech; therefore, using blockchains is a protected human right as an exercise of free speech, guaranteed by the First Amendment forms part of his motion to dismiss.
- polonieth
- Replies: 17
- Forum: BitCoin, AltCoins - CryptoCurrency
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Thread 'Transcript of the oral argument in the SEC vs. Richard Heart case'
Nov 6, 2024Full transcript: https://beta.fileverse.io/files/5343494b-2e9c-484e-9b50-31b78fc9fcad
The jurisdiction argument is strong. Hard to predict, but I will go for partial dismissal for the claims against Hex & PulseX due to jurisdictional weaknesses while allowing more specific fraud allegations to proceed. But pending additional arguments or evidence on these points.
It's a big case for Crypto, though. Yet relatively ignored.
- polonieth
- Replies: 0
- Forum: BitCoin, AltCoins - CryptoCurrency
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Thread 'US judge dismisses SEC fraud lawsuit against Richard Heart'
Mar 1, 2025- polonieth
- Replies: 7
- Forum: BitCoin, AltCoins - CryptoCurrency
