Global Law Enforcement Takes Note: Cryptocurrency Founder Richard Heart Under Investigation
news
2 min read
Interpol Issues Red Notice to Hex Founder Richard Heart
In a shocking development, Interpol has issued a Red Notice against Richard Heart, the founder of cryptocurrency project Hex. The move follows allegations of tax fraud and assault in Finland.
The Red Notice is a formal request to law enforcement agencies worldwide to locate and provisionally arrest Richard Heart pending extradition, surrender, or similar legal actions. It does not constitute an international arrest warrant.
Finnish authorities have accused Heart of evading taxes between 2020 and 2024, with alleged unpaid dues amounting to hundreds of millions of euros. This is not the first time Heart has faced scrutiny; he is currently embroiled in a legal battle with the US Securities and Exchange Commission (SEC).
The SEC lawsuit claims that Heart conducted an unauthorized sale of cryptocurrency securities, raising over $1 billion. He allegedly marketed Hex as a “blockchain certificate of deposit” between December 2019 and November 2020, attracting $678 million in investments before the token’s value plummeted by 98.4% from its peak.
Additionally, the SEC accuses Heart of misusing funds raised for PulseChain, allegedly using $354 million for personal luxuries instead of development as intended.
Heart has not commented directly on the Interpol Red Notice. However, he did post a cryptic message on X (apparently referring to the situation), writing: “Why settle for being wanted when you can be the most wanted?”
In the same statement, Heart emphasized his philanthropic efforts, claiming that he has contributed over $27 million to medical research, self-help books, and peer-to-peer publishing software. He expressed his desire to make a positive impact on the world, acknowledging that those who make a difference often face backlash.
The latest development casts further doubt on Richard Heart’s business dealings and raises questions about the transparency of Hex and PulseChain projects. As authorities continue to investigate, it remains to be seen how this Red Notice will affect the reputation of these cryptocurrency ventures.
Stay tuned for more updates as this story unfolds.
Source: cryptopotato.com
