Influencer Richard Heart sued for buying 'largest' black diamond, cars with investor money

Influencer Richard Heart is being sued by the US Securities and Exchange Commission for allegedly using at least $12 million of investor money to buy luxury goods. Heart is accused of buying sports cars, watches, and a 555-carat rare black diamond, reportedly the world's largest. He raised over $1 billion by offering unregistered crypto securities to investors, the Commission said.