Richard Schueler, also known as Richard Heart, the proprietor of Hex, has been the subject of a “Red Notice” from Interpol in connection with allegations of tax fraud and assault.
Interpol, the world’s largest international police organization, has issued a “Red Notice” for Richard Schueler, also known as Richard Heart, the founder of Hex, for allegedly perpetrating assault and tax fraud.
A Red Notice is a worldwide request for law enforcement to locate and provisionally detain an individual. Finnish authorities are currently seeking Schueler’s detention. Nevertheless, a Red Notice is not equivalent to an international arrest warrant.
The allegations against Schueler were also detailed in Europe’s most sought fugitives list. According to the complaint, Schueler “physically assaulted a 16-year-old victim by seizing their hair, dragging them into the stairwell, and striking them to the ground.”
There is suspicion that Heart engaged in tax evasion between June 2, 2020, and April 2, 2024. According to Finnish public broadcaster Yle, the Red Notice was issued three months after Schueler was initially subjected to a remand order on Sept. 13.
According to Cointelegraph, Helsinki police detective Harri Saaristola informed Yle on Sept. 18 that Heart’s income reporting did not align with the tax service’s projections.
Schueler has not yet issued a public statement regarding the Red Notice. Nevertheless, he has maintained an active presence on social media and has made comments that seem to reference the issue.
Schueler stated in a Dec. 21 X post that “if those opposed truly desired to bring me down, they could raise a sum greater than the $27M I raised for medical research.”
Meanwhile, Schueler is still involved in a lawsuit with United States regulators regarding the purported unregistered offerings of three crypto tokens: Hex, PulseChain (PLS), and PulseX (PSLX).
Heart requested the dismissal of the $1 billion litigation on August 22, but the Securities and Exchange Commission denied the request, contending that it possesses the full authority to initiate the case against Heart.
The Securities and Exchange Commission (SEC) stated that Heart had raised over $1 billion through “the unregistered offer and sale of crypto asset securities.”
At the time of publication, Cointelegraph had not received a response from Richard Schueler regarding a request for comment.
Also Read: Tether wagers $775 million on Rumble in an effort to rival YouTube’s dominance