01
HEX and PulseChain founder Richard Heart was detained in Istanbul, Turkey, on October 14, 2026.
02
The arrest followed a Finnish-requested Interpol Red Notice issued back in December 2024.
03
Finnish authorities reportedly accuse him of aggravated tax fraud, not a crypto crime.
04
Turkish police and intelligence officers reportedly detained him and his wife in the Besiktas district.
05
Reports describe seized cash, luxury watches, jewelry, firearms and hardware crypto wallets.
06
This is a separate matter from the SEC's civil fraud case, which a US judge fully dismissed in 2025.
07
HEX and PLS both fell sharply within hours of the news breaking, though exact figures vary by source.
08
No extradition has been confirmed as of this writing - a Red Notice is a request, not a verdict.