Why isn't HEX illegal? Will Richard Heart go to prison eventually?

I finally had a look at how HEX works today and its a blatant ponzi, the likes of which are illegal in the US. Hex's creator Richard Heart also appears to be from the US – although perhaps does not reside there any longer?Furthermore the marketing materials such as this video a blatantly deceitful to trick users into trading ETH for HEX, when the instructions never mention a trade, or loss of ETH.It makes me so upset that this sort of behaviour is able to go unpunished. Looking at ETH deposits so far it looks like an enormous amount of people have already been scammed. Every piece of scum like Richard Heart, that goes unpunished, sets the industry back several steps every time. Making it harder and harder to earn legitimacy in the future.I really wish there was a sizeable crypto firm that had the public interest in mind, that would go after him and get him locked up.

Submitted December 16, 2019 at 11:56PM

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