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Crypto Regulation

Richard Heart Detained in Istanbul on Interpol Notice, Turkish Media Report

Richard Heart, the founder of HEX and PulseChain, has been detained in Istanbul on an Interpol notice, Turkish media reported. Interpol’s public record identifies Finland as the requesting jurisdiction and lists the charge as aggravated tax fraud. Heart’s separate SEC case was dismissed in 2025.

Original source

AI take

The notable detail is the requesting jurisdiction: Finland, not the United States, where Heart's SEC case was dismissed in 2025. That suggests the legal pressure on him has shifted to a tax-fraud track in Europe, a different theory and forum than the securities matter that already failed. For token holders, the practical question is whether the detention disrupts ongoing development or operations around HEX and PulseChain, since founder-level legal exposure is often read as a governance and continuity risk regardless of the merits. Whether Finland pursues extradition, and how the projects respond, is the open question.

Generated by AI for reference only.

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