Interpol Issues Red Notice for Hex Founder Richard Heart

A Red Notice serves as a global alert requesting law enforcement agencies to locate and provisionally detain an individual, pending extradition or similar legal proceedings. Finnish authorities have initiated the notice for Schueler, though it is important to note that a Red Notice is not an international arrest warrant.

Source: Interpol

In addition to the Red Notice, Schueler is listed on Europe’s most wanted fugitives list, where the allegations against him are outlined in detail. He is accused of physically assaulting a 16-year-old by grabbing their hair, dragging them into a stairwell, and knocking them to the ground.

The remand order for Schueler’s arrest was issued three months ago, on September 13, 2024. Finnish authorities claim that Schueler engaged in tax evasion over a nearly four-year period, from June 2, 2020, to April 2, 2024.

Helsinki police detective Harri Saaristola previously told Finnish broadcaster Yle that discrepancies between Schueler’s reported income and tax service estimates raised suspicion. The Red Notice follows months of legal efforts by Finnish authorities to apprehend Schueler.

In the United States, Schueler is also embroiled in a Securities and Exchange Commission (SEC) lawsuit. The SEC alleges he conducted unregistered securities offerings through three crypto tokens: Hex, PulseChain (PLS), and PulseX (PLSX). According to the SEC’s complaint, Schueler raised over $1 billion by promoting these tokens as investments promising extraordinary returns.

Source: SEC

Schueler sought to dismiss the $1 billion lawsuit in August, but the SEC countered, asserting its authority to pursue the case.

Schueler has not directly addressed the Red Notice but continues to post on social media. In a December post on X , he alluded to his critics, stating, “If the haters really wanted to get me down, they could raise more than the $27M I did for medical research.”

He also commented on his detractors, saying, “Nothing makes haters angrier than success. Every time they think of you, it reminds them how they’re not doing half what they could.”

Heart has a history of buying gauche fashion and diamonds and flaunting his wealth on social media.

Source: X