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HEX Token Founder Richard Heart Wanted by Interpol for Fraud and Violent Crime

Interpol lists HEX founder Richard Heart on its Red Notice for tax fraud and assault. Learn about the charges and HEX token’s reaction.

  • Interpol issued a Red Notice for Richard Heart, founder of HEX, over allegations of tax fraud and violent assault.
  • HEX token surged 30% after the announcement, though its market cap halved in December to $2.54 billion.
  • Heart ignored the charges, asserting they are conspiratorial and expressing confidence in his projects' future success.

HEX Token Founder Richard Heart Wanted by Interpol for Fraud and Violent Crime

Richard Heart, the creator of the HEX token, has been placed on Interpol’s Red Notice list. He faces charges of tax fraud and violent assault.

Heart is a controversial figure in the crypto sector. In addition to founding and managing the HEX project, he is also associated with other projects such as PulseChain and PulseX.

Interpol Pursues Richard Heart for Tax Evasion and Armed Assault

Interpol has issued a Red Notice for Richard James Schueler, born on October 9, 1979, and a US citizen. The Red Notice is a global alert requesting law enforcement agencies worldwide to locate and detain the individual for extradition.

According to EUMostWanted, Schueler failed to comply with statutory tax obligations, resulting in tax evasion amounting to hundreds of millions of euros. Furthermore, the platform alleges that Schueler violently assaulted a 16-year-old victim.

Nevertheless, despite Interpol’s allegations, Richard Heart has ignored the charges. Richard asserts that he is committed to making the world a better place, claiming that certain parties are conspiring to bring him down. Heart expressed confidence in the new Trump administration’s potential to deliver favorable rulings for his projects.

“My whole life I’ve been preparing for the future. Anticipating it. Creating it. I’ve never been safer and I’m excited for the future. The Honorable Justice in SEC v me should have her ruling out soon. Donald Trump will be in office soon. PulseX, PulseChain, HEX, INC are all functioning wonderfully. This makes some entities mad, but there’s literally nothing they can do about it except be mad. It feels great to be wanted. Nothing can stop an idea whose time has come.” Richard Heart said.

Additionally, earlier this year, Heart and his legal team submitted a letter to Judge Carol Bagley Amon of the US District Court for the Eastern District of New York in an effort to counter the SEC’s allegations of securities fraud.

Hex (HEX) Token Price Performance. Source: CoinMarketCap.
Hex (HEX) Token Price Performance. Source: CoinMarketCap.

Following the announcement of the Red Notice, HEX token prices jumped 30%, increasing from $0.0032 to $0.0044. CoinMarketCap reports that HEX’s market capitalization has decreased by 50% in December, now at $2.54 billion. Additionally, DefiLlama notes that PulseX’s total value locked reached $700 million in December before falling to $534 million.

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