Turkey confirms Richard Heart arrest, seizes $7.15M and six cold wallets

The confirmation from Turkish authorities, rather than a single unverified report, gives the case a formal law-enforcement footing, and the seizure of cold wallets alongside cash suggests investigators are pursuing on-chain assets, not just physical evidence. The firearms and ammunition detail broadens the matter beyond a crypto-fraud narrative. Given Richard Heart's profile as a prominent and controversial token founder, the case is likely to be read as a signal of how aggressively jurisdictions outside the US are willing to act against high-profile figures. The open question is how the seized wallets are handled and whether other authorities follow Turkey's lead.