Richard Heart’s reported detention in Istanbul sent HEX, PulseX and PLS sharply lower, highlighting founder risk without proving protocol failure.
The HEX token has suffered a sharp market-cap contraction this week after Turkish authorities detained its founder, Richard Schueler—better known in crypto circles as Richard Heart. HEX’s market...
HEX founder Richard Heart detained in early morning raid in Istanbul, Starknet plunges almost 50% as it votes to become an L1, and Bitwise says all signs point to Crypto Spring.
Turkish intelligence and police tracked Richard Heart to Istanbul, where officers arrested him and his wife and seized cash, weapons and jewelry.
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