Hex (cryptocurrency)
Hex is a cryptocurrency created by Richard Heart. It was launched on the Ethereum blockchain in December 2019[1] and later forked to another blockchain, Pulsechain, in 2023.[2]
Advertising
Hex is one of several cryptocurrency projects to engage in mass advertising. In 2020, British newspaper The Economist published a controversial advertisement about Hex.[3]
Diamond renaming
In February 2022, British-founded auctioneer Sotheby's sold a one billion year old diamond known as The Enigma for £3.16m. In 2006, it had been named the world’s largest cut diamond by Guinness World Book of Records.[4] Although Sotheby's did not identify the purchaser, Heart claimed that he was the buyer and that it would be renamed the "HEX.com diamond". [5]
Movie
A movie about Hex and Heart was released in summer 2023. *The Highest of Stakes*[6] features Heart along with both fans and critics of himself and Hex. Later the same year, it was made available on AppleTV[7] and Amazon Prime Video.
Books
Several books have been published about Hex.[citation needed]
Lawsuits
In September 2021, an Arizona resident took legal action against popular website Coinmarketcap, claiming they did not list Hex in its correct location. The case was dismissed in February 2023.[8]
Later that year, the US Securities and Exchange Commission (SEC) charged Heart with raising funds illegally, initially for Hex and later for Pulsechain and PulseX.[9]
References
- ↑ "SEC.gov | SEC Charges Hex Founder Richard Heart with Misappropriating Millions of Dollars of Investor Funds from Unregistered Crypto Asset Securities Offerings that Raised more than $1 Billion". www.sec.gov.
- ↑ "PulseChain · GitLab". GitLab.
- ↑ Brad Michelson [@BradMichelson]. "Check out this HEX ad in @TheEconomist. Yikes... 😬" (Tweet) – via Twitter. Missing or empty |date= (help)
- ↑ McKeever, Vicky (February 10, 2022). "Billion-year-old black diamond bought with cryptocurrency for $4.3 million". CNBC.
- ↑ "The Enigma: Billion-year-old black diamond sold for £3.16m". February 10, 2022 – via www.bbc.com.
- ↑ "The Highest of Stakes". www.thehighestofstakes.com.
- ↑ Moreau, Patrick; Peelle, Grant (August 4, 2023). "The Highest of Stakes - Apple TV". Apple TV.
- ↑ "Class Action Alleges CoinMarketCap.com, Binance Gamed Rankings to Artificially Suppress Price of HEX Cryptocurrency". www.classaction.org. September 15, 2021.
- ↑ Stempel, Jonathan (July 31, 2023). "US SEC says Hex crypto founder defrauded investors, spent money on 'Enigma' diamond". Reuters – via www.reuters.com.
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