Richard Heart, who started HEX and is well-known in cryptocurrency, is now dealing with significant legal issues, including an Interpol Red Notice. This notice is about claims of tax evasion of hundreds of millions of euros and a violent attack on a minor. Richard James Schueler, known as Heart, is wanted for extradition by international authorities.
Heart insists that the serious accusations are part of a plot against him. He is confident in his cryptocurrency projects like HEX, PulseChain, and PulseX, and believes that a possible Trump administration might help his legal issues. He says he feels safe and is excited about the future of his platforms.
Earlier this year, Heart’s legal team tried to respond to claims of securities fraud from the U.S. Securities and Exchange Commission (SEC) in a letter to Judge Carol Bagley Amon. This review is part of a larger look into his business methods.
The announcement of the Interpol Red Notice caused the HEX token price to jump by 30%, but this was quickly followed by a big drop in its market value, which reportedly halved in December. PulseX experienced a significant decrease in its total value locked, losing almost $200 million.
Heart insists he is innocent and sees himself as a visionary up against strong forces. The cryptocurrency community is divided, with some seeing him as an innovator and others as a symbol of the industry’s excesses. Heart’s legal problems are likely to affect his projects and how investors feel about the cryptocurrency market.
