Cryptocurrency: Hex Falls Into the Abyss
Hex cryptocurrency has fallen victim to the famous quote, “And if you gaze long enough into an abyss, the abyss will gaze back into you.” The Hex cryptocurrency was the most talked about token between 2020 and 2022, attracting investors from around the globe. Its founder, Richard Heart, was a dynamic personality who flexed his wealth on social media at every opportunity. Also Read: Top 2 Cryptocurrencies To Watch in September 2024 The Rise and Fall of Hex Cryptocurrency Source: Pixabay From fancy sports cars to expensive Rolex watches and Louis Vuitton outfits, the founder lived a larger-than-life personality. However, the U.S. Securities and Exchange Commission (SEC) sued him for “misappropriating millions,” and things went downhill from there . For the uninitiated, Hex was the only cryptocurrency that doubled in price every 48 days between August 2020 and September 2021. The surge was phenomenal, making the token bullish and the most sought-after asset in th...