The crypto world has been rocked by the news that Richard Schueler, better known as Richard Heart, the founder of Hex, has been placed on Interpol’s global wanted list via a Red Notice. Finnish authorities are seeking his arrest on charges of tax evasion that span from June 2, 2020, to April 2, 2024. What’s more, the case has taken on an even graver tone as he also appears on Europe’s most wanted fugitives list due to disturbing assault allegations involving a minor. It’s claimed that Schueler “physically assaulted a 16-year-old victim by grabbing their hair, dragging them into the stairwell and knocking them to the ground.”
Despite the serious situation, Schueler has continued to maintain an active presence on social media. In a recent lengthy post on X, he seemed to indirectly refer to his predicament while challenging his critics. He boasted about his $27 million contribution to medical research and other accomplishments, daring his “haters” to outdo him in various aspects like writing better self-help books or working on legal precedents for P2P publishing software. He also lamented how the world can be unkind to those trying to make a difference.
The crypto market didn’t take long to respond. Hex (HEX), the cryptocurrency associated with Heart, has witnessed a sharp 25% decline in value following the announcement. To put it in perspective, the price of HEX has already dropped by over 99% since its all-time high of $0.5561. Although a Red Notice isn’t the same as an international arrest warrant, it undeniably ramps up the pressure on Schueler as law enforcement agencies around the world are now on alert to locate and provisionally arrest him.
Related topics:
Expert Predicts Imminent Sovereign “Gold Rush” for Bitcoin