HEX founder Richard Heart arrested with ‘electronic devices’ in Istanbul via Interpol warrant

HEX founder Richard Heart arrested with ‘electronic devices’ in Istanbul via Interpol warrant

Summary

HEX and PulseChain founder Richard Heart was reportedly detained with his wife in Istanbul on Oct. 14 in an operation linked to an Interpol Red Notice requested by Finland. Finnish authorities reportedly suspect him of gross tax evasion and assault; the allegations date to 2024 and remain unresolved. Turkish police reportedly seized cash, valuables, weapons and electronic devices. A Red Notice is not an international arrest warrant, and the report did not establish that extradition had occurred. Separately, a U.S. SEC lawsuit alleging unregistered crypto offerings was dismissed in February 2025 over jurisdiction and pleading deficiencies, with the SEC allowed to amend its complaint.