{"id":14476,"date":"2026-10-14T16:12:56","date_gmt":"2026-10-14T16:12:56","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14476"},"modified":"2026-10-14T16:12:56","modified_gmt":"2026-10-14T16:12:56","slug":"hex-founder-richard-heart-arrested-with-electronic-devices-in-istanbul-via-interpol-warrant","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14476","title":{"rendered":"HEX founder Richard Heart arrested with &#8216;electronic devices&#8217; in Istanbul via Interpol warrant"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>Richard Heart, the founder of HEX and PulseChain, was reportedly detained with his wife in Istanbul on Oct. 14, according to \u0130hlas News Agency (IHA). The agency linked the police operation to an Interpol Red Notice requested by Finland.<\/p>\n<p>Heart, whose legal name is Richard James Schueler, and his wife, identified in the report as A.K., were taken into custody that morning in the Be\u015fikta\u015f district, IHA said in an account carried by Daily Sabah. The reported operation took place at an address police had been monitoring.<\/p>\n<p>The Finnish allegations date back to 2024. Yle reported that Finnish police suspected Schueler of gross tax evasion and assault, and that he had been remanded in custody in absentia on Sept. 13 that year. The decision was made without him being present, rather than following an arrest in Finland.<\/p>\n<p>IHA said Istanbul police\u2019s intelligence and financial-crimes units carried out the operation with support from Turkey\u2019s National Intelligence Organization, M\u0130T. Its account described technical and physical surveillance before officers moved in at the Be\u015fikta\u015f address on Wednesday morning.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Turkish arrest of Ethereum developer raises alarms in crypto community<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The agency reported seizures of cash, gold jewelry, watches and electronic devices, in an account carried by Star. It also listed three pistols and four long-barreled rifles, along with cash in U.S. dollars, euros and Turkish lira. These were reported search findings, not a determination of whether the seized property was linked to any offense.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter cs-newsletter-brand\" data-newsletter-edition=\"catalyst\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\">\n<div class=\"cs-inline-newsletter__editorial\">\n<p class=\"cs-inline-newsletter__eyebrow\">The Catalyst<\/p>\n<p class=\"cs-newsletter-frequency\">Daily Newsletter<\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">Know what\u2019s moving crypto.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Start with the stories that matter. Get the context behind the headlines and a clear view of what to watch next.<\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__art\" aria-hidden=\"true\"> <img loading=\"lazy\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<p>INTERPOL\u2019s Red Notice system asks national police to find and temporarily detain a wanted person while legal processes such as extradition or surrender are pursued. Countries decide how to act under their own laws. A Red Notice does not function as an international arrest warrant, and subjects sought for prosecution remain presumed innocent.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">SEC reverses course on crypto enforcement and disowns its own playbook<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>Heart previously faced a separate U.S. civil securities lawsuit. In its July 31, 2023 announcement, the SEC alleged that Heart, HEX, PulseChain and PulseX conducted unregistered crypto offerings raising more than $1 billion. The regulator also alleged that Heart and PulseChain diverted at least $12 million for luxury purchases.<\/p>\n<p>Judge Carol Bagley Amon of the U.S. District Court for the Eastern District of New York granted dismissal on Feb. 28, 2025. The court found deficiencies in personal jurisdiction and the pleaded U.S. transactions or conduct, while giving the SEC an opportunity to amend its complaint. That ruling did not decide the Finnish suspicions.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">SEC cracks down on new $198M crypto fraud as it drops case against Hex&#8217;s Richard Heart<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>IHA reported that the investigation concerning Schueler and his wife was continuing. Its account did not establish a completed extradition to Finland.<\/p>\n<\/div>\n<p>Featured,Legal,People,HEX,Interpol,Pulsechain,regulationHEX,Interpol,Pulsechain,regulation#HEX #founder #Richard #Heart #arrested #electronic #devices #Istanbul #Interpol #warrant1791994376<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Richard Heart, the founder of HEX and PulseChain, was reportedly detained with his wife in Istanbul on Oct. 14, according to \u0130hlas News Agency (IHA). The agency linked the police operation to an Interpol Red Notice requested by Finland. Heart, whose legal name is Richard James Schueler, and his wife, identified in the report as<\/p>\n","protected":false},"author":1,"featured_media":14477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[427,5758,7394,930,2354,7391,5443,7395,7392,389,7393,6579],"class_list":["post-14476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-arrested","tag-devices","tag-electronic","tag-founder","tag-heart","tag-hex","tag-interpol","tag-istanbul","tag-pulsechain","tag-regulation","tag-richard","tag-warrant"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HEX founder Richard Heart arrested with &#039;electronic devices&#039; in Istanbul via Interpol warrant - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Turkish reports say Richard Heart and his wife were arrested in Istanbul in an operation involving an Interpol Red Notice.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=14476\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HEX founder Richard Heart arrested with &#039;electronic devices&#039; 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