BREAKING: HEX FOUNDER RICHARD HEART REPORTEDLY ARRESTED IN ISTANBUL | $600K CASH & ARSENAL SEIZED Crypto is facing another major legal headline. Richard James Schueler, known as Richard Heart, founder of $HEX , PulseChain ( $PLS ) and PulseX ( $PLSX ), was reportedly detained alongside his wife during a police operation in Istanbul’s Beşiktaş district on October 14, 2026. KEY DETAILS: ▪️ Reportedly wanted under an Interpol Red Notice requested by Finland. ▪️ $600,000 in cash, 24 luxury watches, gold jewellery and €2,600 reportedly seized. ▪️ Authorities also reportedly recovered 7 firearms, 1,360 rounds of ammunition, 12 mobile phones, 6 laptops, 20 graphics cards, 14 SSDs and 2 drones. THE LEGAL BACKGROUND: In 2023, the U.S. SEC accused Heart of raising over $1 billion through unregistered crypto offerings and allegedly misappropriating at least $12 million for luxury purchases. Important: The separate SEC lawsuit was dismissed in 2025. The Finnish allegations are a separate matter, and allegations do not establish guilt. WHAT HAPPENS NEXT FOR HEX, PULSECHAIN & PULSEX? The investigation and any potential extradition proceedings could become important developments for the projects’ communities. However, the legal news alone does not determine token-price direction. Follow verified updates. Avoid making trading decisions based on headlines alone. Source: DHA and TRT Haber / Anadolu Agency; SEC records.