Interpol Issues Red Notice for Hex Founder Richard Heart Over Tax Evasion and Assault Charges

Highlights:

• Interpol issued a red notice to Hex founder Richard Schueler on serious charges.
• Finnish authorities suspect Schueler evaded hundreds of millions in taxes from 2020-2024.
• Schueler faces a U.S. SEC lawsuit for unregistered securities offerings and misused funds.

The world’s largest international police organization, Interpol, has issued a red notice to its member countries for Hex founder Richard Schueler, also known as Richard Heart. He faces charges of significant tax evasion amounting to hundreds of millions of euros and assaulting a 16-year-old.

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A Red Notice is an official alert sent to Interpol’s member nations. It informs them that a national arrest warrant has been issued for a specific individual. This notice often initiates extradition processes if the wanted person is detained in another country. Finland has issued an arrest warrant for Schueler in this case.

Authorities suspect Heart of evading taxes between June 2, 2020, and April 2 this year. According to Finnish public broadcaster Yle, Interpol issued the Red Notice three months after Finnish authorities filed a remand order on September 13. Helsinki police detective Harri Saaristola told Yle that Heart’s reported income did not align with the tax service’s estimates. 

Schueler is listed among Europe’s most wanted fugitives, with additional details on the charges. The list states he assaulted a 16-year-old, dragging them into a stairwell and knocking them down.

The website states:

“Schueler failed to file business tax returns for the tax multiple years and also failed to complete information on his income on his pre-filled personal tax returns…The total amount of tax avoided is counted in hundreds of millions of euros.” 

Hex Founder Speaks Out on Social Media Following Red Notice

Schueler shared a cryptic post on X Saturday night, possibly referring to the news of the Red Notice. “My whole life I’ve been preparing for the future. Anticipating it. Creating it. I’ve never been safer and I’m excited for the future,” Schueler wrote. 

Schueler mentioned that the judge in the SEC case against him would likely issue a ruling soon. He also stated that Donald Trump would be in office soon. Schueler said that PulseX, PulseChain, HEX, and INC all function well. This has upset some entities, but he believes there is nothing they can do about it. He concluded by expressing that it feels great to be wanted. 

My whole life I've been preparing for the future. Anticipating it. Creating it. I've never been safer and I'm excited for the future.

The Honorable Justice in SEC v me should have her ruling out soon. Donald Trump will be in office soon. PulseX, PulseChain, HEX, INC are all…

— Richard Heart (@RichardHeartWin) December 21, 2024

Heart and the Rising Legal Challenges

Schueler faces increasing scrutiny abroad, but his legal issues are not over in the U.S. The Securities and Exchange Commission (SEC) filed a civil lawsuit against him in August. The SEC accuses Schueler of conducting unregistered securities offerings through his cryptocurrency projects, Hex, PulseChain, and PulseX.

The SEC claims Schueler raised over $1 billion from investors by promising “pathways to grandiose wealth.” It also accuses him of misusing investor funds. Schueler, through his legal team, has fought to have the lawsuit dismissed. However, the SEC remains firm, asserting its authority to regulate the growing cryptocurrency sector.

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