Interpol has issued a Red Notice to Richard Heart, the founder of the cryptocurrency Hex, who is also known as Richard Schueler. Finnish authorities are seeking help in locating and provisionally arresting Schueler on suspicion of tax fraud and physical assault, prompting this global alert.
A Red Notice is not an international arrest warrant; rather, it is a formal request for collaboration among law enforcement agencies worldwide. Since September, Finnish authorities have been actively pursuing Schueler, citing severe allegations that have also resulted in his inclusion on Europe’s Most Wanted Fugitives list.
Fees in FinlandAuthorities accuse Schueler of assaulting a 16-year-old victim. Authorities accuse him of forcibly dragging the individual into a stairwell and causing them to fall to the ground. Schueler is currently under investigation for tax evasion between June 2020 and April 2024, in addition to these charges. The Finnish tax authorities assert that there are discrepancies between his declared income and their estimates.
The SEC is currently involved in a lawsuit in the United States. The Securities and Exchange Commission (SEC) of the United States has also sued Schueler. It alleges that he has raised more than $1 billion through the unregistered sale of cryptocurrency tokens, such as PulseX, PulseChain, and Hex. The SEC claims that Schueler deceived investors by promising substantial returns and abused funds to purchase personal luxuries, including designer items, luxury vehicles, and a rare black diamond valued at millions.
The Public Response of SchuelerSchueler’s social media activity indicates that he is aware of the ongoing legal proceedings, despite the fact that he has not explicitly addressed the Red Notice. In a recent post, he made comments that appeared to minimize the allegations, asserting, “Success is the only thing that makes haters angrier.”
Investigations continue to cast a shadow over Schueler’s cryptocurrency ventures and public image, and he continues to play a key role in legal disputes across multiple jurisdictions.
