Richard Heart, founder of the cryptocurrency HEX and the PulseChain network, was detained in Istanbul following a request from Finnish authorities linked to a tax fraud investigation. His legal name is Richard James Schueler. This proceedings are separate from his previous dispute with the US Securities and Exchange Commission. The detention does not constitute a finding of guilt, and any potential extradition or trial would proceed under applicable legal processes. The case serves as a reminder to investors that projects built around prominent founders may carry personal and legal risks that extend beyond their underlying technology.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
