Turkish authorities arrested Hex and PulseChain founder Richard Heart and his wife in Istanbul during a joint police and National Intelligence Organization operation. Finland sought Heart over suspected aggravated tax evasion between June 2020 and April 2024, plus an assault allegation dating to February 2021, prompting an Interpol Red Notice at Helsinki’s request. The US Securities and Exchange Commission had separately sued Heart in July 2023, alleging more than $1 billion raised through unregistered crypto offerings and at least $12 million in investor funds misappropriated for luxury purchases. A US federal judge dismissed the SEC case in February 2025, finding the agency had not established personal jurisdiction over Heart.
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