BREAKING: Richard Heart arrested in Istanbul. $600K cash, 24 watches, 7 guns, and 1,360 rounds seized.
Richard James Schueler (aka Richard Heart), founder of $HEX, $PLS, and $PLSX, got picked up in Beşiktaş on Oct 14, 2026. Wife detained too. Interpol Red Notice from Finland.
What they found:
$600K cash
24 luxury watches + gold
7 firearms + 1,360 rounds
12 phones, 6 laptops, 20 GPUs, 14 SSDs, 2 drones
Context:
SEC sued him in 2023 for $1B+ unregistered offerings and alleged $12M in luxury misappropriation. That case got dismissed in 2025. Finnish charges are separate.
What this means for $HEX / $PLS / $PLSX:
Extradition fight could drag. Community watching close. But legal drama ≠ price action.
Don't trade headlines. Wait for facts. This is far from over.
Richard James Schueler (aka Richard Heart), founder of $HEX, $PLS, and $PLSX, got picked up in Beşiktaş on Oct 14, 2026. Wife detained too. Interpol Red Notice from Finland.
What they found:
$600K cash
24 luxury watches + gold
7 firearms + 1,360 rounds
12 phones, 6 laptops, 20 GPUs, 14 SSDs, 2 drones
Context:
SEC sued him in 2023 for $1B+ unregistered offerings and alleged $12M in luxury misappropriation. That case got dismissed in 2025. Finnish charges are separate.
What this means for $HEX / $PLS / $PLSX:
Extradition fight could drag. Community watching close. But legal drama ≠ price action.
Don't trade headlines. Wait for facts. This is far from over.