The U.S. SEC said it had served an indictment to Hex founder Richard Schueler (also known as Richard Heart) at his home in Helsinki, the capital of Finland.
The SEC stated in a document submitted to the New York District Court on December 11 that the SEC served Richard Schueler with the indictment by substituted service on October 31. The person who served the summons said that in the past seven weeks starting on September 13, they had tried many times to serve Heart the summons in person through phone calls, text messages, letters, and in person at his residence in Helsinki, but all ended in failure. . It is reported that substituted service usually refers to the service method used when the indictment cannot be served in person due to difficulty in finding the defendant. (Cointelegraph)
According to previous news in November, in a letter submitted by the US SEC to the District Court of the Eastern District of New York, the SEC stated that it had formally requested the Finnish Ministry of Justice to serve litigation documents on Richard Heart and through him on Hex, PulseChain and PulseX on August 22, 2023. However, the SEC has not yet received confirmation that the complaint was served on Richard Schuele. SEC lawyers will report to the court on their service status before December 15. If the case has not been served by then, they will apply for substitute service. At the same time, the conference call originally scheduled for November 28 has been postponed to January 30, 2024.
Catherine
