Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.
Hex, a cryptocurrency alternate platform, misplaced a whopping $500 million in market capitalization after the US Securities and Change Fee (SEC) filed a lawsuit towards the corporate. The SEC alleged that the platform was working as an unregistered safety and that its founder, Richard Coronary heart, was utilizing false claims and deceptive data to advertise the Hex cryptocurrency. Traders had been prompted to promote their holdings, inflicting Hex’s market cap to plummet. The cryptocurrency group is as soon as once more reminded of the significance of conducting due diligence earlier than investing in any crypto challenge.
