Interpol has taken significant action by issuing a Red Notice for Richard Schueler, popularly known as Richard Heart, the founder of Hex. Allegations against him include serious charges such as tax fraud and physical assault. The international police organization’s request for law enforcement to locate and provisionally arrest Schueler underscores the gravity of these allegations.
The Red Notice is particularly noteworthy as it mobilizes law enforcement agencies around the globe, although it is important to clarify that it does not serve as an international arrest warrant. Specifically, Finnish authorities are spearheading the pursuit of Schueler, who also finds himself featured on Europe’s most wanted fugitives list due to the gravity of the allegations against him.
Details of the allegations are harrowing. Reports indicate that Schueler is accused of physically assaulting a 16-year-old victim, describing an incident where he allegedly grabbed the victim’s hair, dragged them into a stairwell, and knocked them to the ground. The remand order for Schueler was issued three months prior, on September 13, highlighting that this inquiry into his activities has been underway for some time.
Further compounding his legal troubles, Schueler is suspected of committing tax evasion spanning from June 2, 2020, to April 2, 2024. In the wake of these serious allegations, local authorities reported discrepancies in Schueler’s income declarations, which did not align with estimates provided by the tax service. Despite the gravity of his situation, Schueler has remained relatively silent on these matters, continuing to engage on social media platforms with comments that some speculate may be in reference to ongoing legal challenges.
In addition to the impending Red Notice, Schueler is currently embroiled in a lawsuit with the US Securities and Exchange Commission (SEC) concerning alleged unregistered offerings of various cryptocurrencies, including Hex, PulseChain (PLS), and PulseX (PSLX). The SEC claims that Schueler raised over $1 billion through these unregistered offers, positioning them as an attractive avenue for investors seeking grandiose wealth.
While the legal landscape appears increasingly turbulent for Richard Heart, the crypto community is watching closely. As the situation unfolds, the outcomes of both the SEC’s lawsuit and the Red Notice could have significant implications not only for Schueler but also for the broader cryptocurrency market and regulatory landscape. As this complex saga continues, it remains to be seen how Richard Heart will respond to these mounting challenges.
