Hex founder arrested by police for tax evasion and embezzlement, 20 luxury watches worth 80 million yuan confiscated

The Finnish police recently seized the assets of Richard Heart, the founder of Cryptocurrency Hex, and exposed his cases of tax fraud and violence, and the international hunt continues to escalate. (Synopsis: Prison inmates turned AI trainers? Finland was criticized for exploiting labor) (background supplement: Hex founder evaded hundreds of millions of euros in taxes "wanted by Interpol", I responded: Super cool der, you can't take me) Yesterday (7), the Finnish police seized 20 luxury watches (mostly Rolex Rolex) under the name of Hex founder Richard James Schueler (pseudonym Richard Heart), with a total value of up to 2.6 million US dollars (about NT$83.2 million). Richard James Schueler rose rapidly in 2020 with the launch of the cryptocurrency project HEX, which is known as "buying BTC for $1" and "achieving a return of more than 10,000 times in 2 and a half years", and he subsequently launched PulseChain, Pulse X and other projects, but his marketing behavior has also been controversial in the market. Seizure of luxury watches According to Finnish state broadcaster Yle, the police confirmed the total value of the watches through invoices and valuations by luxury experts as high as $2.6 million. Harri Saaristola, the police officer in charge of the investigation, said the watches were found at a residence in Espoo as a result of police intelligence activities. Richard Heart is still at large due to alleged tax fraud and violence, and Finland has issued an international arrest warrant for him. Extended reading: Hex founder evaded hundreds of millions of euros in taxes "wanted by Interpol", I responded: Super cool der, you can't take me Tax fraud and violence allegations According to Finnish police allegations, Schueler is suspected of tax evasion between June 2, 2020 and April 2, 2024, and the tax arrears may be hundreds of millions of euros. At the same time, the Finnish government estimates that it will earn up to 15.2 million euros (about NT$550 million) in 2023. In addition, he is accused of violence against a 16-year-old victim between February 16 and 17, 2021, including grabbing the victim's hair, dragging him to a stairwell, and pushing him down. On December 22, 2023, Interpol issued a "Red Notice" against Schueler. The European Most Wanted List also lists him as a key target, detailing the charges. In addition to facing legal problems in Finland, Schueler has also been charged by the Securities and Exchange Commission (SEC) in the United States. In July 2023, the SEC sued three tokens of his issuance, Hex (HEX), PulseChain (PLS), and PulseX (PSLX), identifying them as unregistered securities and raising more than $1 billion. The SEC also accused him of diverting some of the money for personal luxury purchases, including the purchase of 555-carat diamonds, high-end watches and luxury cars. Although Schueler's whereabouts are unknown, he is active on social media platforms X and YouTube, and continues to promote his Cryptocurrency HEX. The dynamic area reminds investors to be vigilant and carefully assess the authenticity and risks of the cryptocurrency and related projects to avoid possible financial losses. Related reports BTC celebrates its 16th birthday: should you know that BTC from the Genesis Block to the 2025 "National Asset Reserve Race" Nokia will launch a Web3 mobile phone? Apply for a digital asset encryption patent, optimistic about the development of the Block chain The founder of Hex evaded taxes for hundreds of millions of euros "wanted by Interpol", I responded: Super cool der, you can't take me [tax evasion, embezzlement of funds) Hex founder was seized by the police 20 watches worth 80 million yuan This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".