Helsinki police detective Harri Saaristol said, “Based on the very considerable amount of money in question and the long-term and planned nature of the activity, there are grounds to suspect gross tax evasion.”Related: Interpol issues ‘Red Notice’ for Hex founder Richard HeartIn the course of their investigation, Finnish police seized millions of euros worth of luxury watches from a residence in the city of Espoo near Helsinki. Europol also stated that Heart (referred to as Schueler in the report) is wanted for assaulting a minor.“Schueler physically assaulted a 16-year-old victim by grabbing their hair, dragging them into the stairwell and knocking them to the ground.”The allegations together have earned him a profile on Europol and Interpol’s most wanted criminal lists.
Heart announced on X that HEX had obtained a victory very few crypto projects could boast: “Richard Heart, PulseChain, PulseX, and HEX have defeated the SEC completely and have achieved regulatory clarity that nearly no other coins have.”HEX may be out of hot water with American securities regulators (for now), but Heart still faces charges in Europe, where he is wanted both for alleged tax fraud and for alleged assault on a minor. Richard Heart, real name Richard James Schueler, is still on Interpol’s wanted list.
Source: InterpolSEC claimed Heart used HEX to defraud investorsIn July 2023, the SEC filed a complaint against Heart, whose real name is Richard James Schueler, along with HEX, HEX’s layer-1 blockchain project, PulseChain, and the decentralized exchange (DEX) for the PulseChain network, PulseX. The SEC made a number of allegations, including securities fraud and securities registration violations.
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