Richard Schueler, aka Richard Heart, the founder of Hex, is making headlines, but for all the wrong reasons.
Interpol has issued a so-called Red Notice for him, stemming from serious allegations of tax fraud and assault.
Most wanted?
So, what exactly does a Red Notice mean? It’s essentially a global alert for law enforcement agencies to locate and provisionally arrest a person pending extradition, and now, in Heart’s case, Finnish authorities are on the hunt for him due to claims that he committed tax evasion and physically assaulted a minor.
It’s important to note that this notice isn’t the same as an international arrest warrant.
The situation escalated when Heart was also added to Europe’s most wanted list.
The allegations detail a disturbing incident where he allegedly assaulted a 16-year-old by dragging them into a stairwell and knocking them down.
Troublemaker?
Heart is suspected of tax evasion from June 2020 to April 2024, with Finnish police stating that his income reporting didn’t align with what the tax service estimated.
Just three months ago, on September 13, authorities issued a remand order against him.
While Heart hasn’t publicly commented on the Red Notice yet, he’s been quite active on social media.
In a recent post on X, he seemed to brush off the situation, saying that if his critics really wanted to take him down, they should do better than his $27 million raised for medical research.
The land of free?
But that’s not all, because Heart is also entangled in a legal mess with the U.S. SEC, after they filed a lawsuit against him in August 2024, accusing him of running unregistered offerings for three crypto tokens like Hex, PulseChain, and PulseX.
They claim he raised over $1 billion by promoting these tokens as paths to wealth for investors.
Heart had previously attempted to dismiss this lawsuit, but the SEC is pushing back hard, asserting its authority to pursue him.
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