TREE NEWS reports: Richard Heart, founder of Hex and PulseChain, has been detained in Istanbul. Police reportedly seized $4 million and 64 watches in connection with the detention. Turkish police have not yet confirmed Heart’s detention. Heart is the founder of the Hex token and the PulseChain network.
Hex and PulseChain founder Richard Heart detained in Istanbul: reports
AI take
The detention matters less for the tokens' mechanics than for the unresolved legal exposure hanging over a founder whose projects have long carried regulatory scrutiny. The reported seizure of cash and luxury goods signals authorities are treating this as a financial case, not a minor holding. Whether Turkish police formally confirm the detention, and whether charges follow, is the open question — that, not the initial reports, will determine how the Hex and PulseChain communities read the risk.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
3m ago
First White House AI Working Group Meeting Set for Thursday
12m ago
US Weighs Letting European Allies Unfreeze Some Russian Assets
53m ago
Regulator Orders Insurers to Review and Rectify ‘Fast-Return’ Products
59m ago
China CSRC Proposes Easing Fund Investment Rules
1h ago
VanEck Withdraws Lido Staked ETH ETF Registration With SEC
1h ago
SEC Approves Cboe Binary Options Tied to Corporate KPI Metrics