HEX slumps as founder Richard Heart makes Interpol’s ‘most wanted’ list

Interpol placed Richard Schueler, widely known as Richard Heart, the founder of Hex, on its global wanted list through a Red Notice following allegations of tax fraud and assault in Finland.

The Red Notice serves as a worldwide request for law enforcement agencies to locate and provisionally arrest Schueler.

Finnish authorities are pursuing Schueler’s arrest based on tax evasion allegations spanning from June 2, 2020, to April 2, 2024. The case has gained additional gravity as Schueler now appears on Europe’s most wanted fugitives list, where authorities detail disturbing assault allegations involving a minor.

According to the listing, Schueler allegedly “physically assaulted a 16-year-old victim by grabbing their hair, dragging them into the stairwell and knocking them to the ground.”

While Schueler has not directly addressed the Red Notice, which was preceded by a remand order issued three months ago, he has maintained an active presence on social media.

In a recent lengthy post on X, he appeared to indirectly reference his situation, challenging “haters” to surpass his claimed $27 million contribution to medical research and other accomplishments.

“Why settle for being wanted, when you can be the most wanted?” Schueler highlighted his various initiatives, including self-help books and P2P publishing software.

He further emphasized his perceived positive impact, stating, “I really do the best I can to make the world a better place, and I must say, the world can be pretty unkind to folks making a difference.”

The crypto market has reacted quickly to the news, with Hex (HEX) experiencing a sharp 25% decline in value following the announcement.

The price of HEX is down by over 99% since its all-time high of $0.5561. While a Red Notice does not constitute an international arrest warrant, it elevates the pressure on Schueler.