Cryptocurrency businessman and influencer Richard Heart scammed investors and spent millions of dollars buying luxury goods, sports cars, watches, and a 555-carat black diamond known as The Enigma, according to the Securities and Exchange Commission, which charged Mr Heart with fraud on Monday.
The crypto personality, who has a large following on YouTube and social media, where he doles out business tips in between unboxing videos of Rolex watches, spent years making inflated claims to investors, according to the SEC.
