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Recently, a major event has been unfolding in the crypto community. INTERPOL has issued a red notice for Richard Heart, the founder of HEX and PulseChain, over serious allegations, including large-scale tax evasion and violence against minors.
According to reports, Finnish authorities are investigating Richard Heart’s tax evasion activities between mid-2020 and 2024, with the amount possibly reaching hundreds of millions of euros. In addition, he is accused of assaulting a 16-year-old, including pulling the boy’s hair and dragging him into a stairwell. Europol has also added him to its wanted list.
What’s notable is that, in the face of these allegations, Richard Heart has appeared quite indifferent on social media, even posting comments. This attitude has sparked a lot of discussion within the crypto community.
But that’s not all. The U.S. Securities and Exchange Commission (SEC) is also suing Richard Heart, accusing him of issuing the three cryptocurrencies HEX, PulseChain, and PulseX without registration, and raising more than $1 billion from investors. Even more outrageous, the SEC alleges that he misappropriated at least $12 million to buy luxury cars, watches, and a 555-carat black diamond.
The SEC’s complaint also details how Richard Heart promoted HEX as a high-yield investment, claiming that staking could generate returns of up to 38%. However, the SEC alleges that most of the deposits were “recycled” transactions, allowing him to control a large amount of HEX tokens.
This case truly highlights the growing emphasis on regulation and transparency in the cryptocurrency space. With Richard Heart facing legal pressure in both international and U.S. jurisdictions, how things will develop next remains uncertain. In any case, this is one of the most attention-grabbing events in the crypto world recently.