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HEX founder Richard Heart reportedly detained in Istanbul raid
Turkish media reported that Richard Heart, founder of HEX and PulseChain, was detained in a dawn raid in Istanbul on October 14. Authorities allegedly seized dozens of luxury watches, firearms, cash and other items from his residence in Beşiktaş. The operation involved the Turkish intelligence agency MIT, Istanbul police, financial crimes investigators and Interpol, following a December 2024 Interpol red notice requested by Finland over alleged tax evasion and a 2021 assault case. Reported inventory includes 53 Rolex and 11 Patek Philippe watches, gold jewelry, computers, crypto equipment, pistols, long guns, ammunition and cash estimates ranging from $600,000 to $4 million. No official confirmation has been provided and the case remains under investigation.