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Finnish Police reportedly seized $2.6 million in expensive watches belonging to Hex founder Richard Schueler, who is also known as Richard Heart. Heart is accused of tax evasion and assault in the country, with authorities still unable to determine the founder’s location, according to the report. Luxury watches worth millions confiscated  The Finnish Police confiscated 20 high-end timepieces, most of them Rolexes and all of them believed to belong to Heart, from an Espoo residence, according to Finland’s national broadcaster Yleisradio Oy (Yle). The value of the watches, as estimated by receipts and expert appraisals, is $2.68 million.  According to the investigation report, some of the watches were purchased in the United States; however, a large chunk were purchased in Finland. Inspector Harri Saaristola, who conducted the inquiry, stated that these luxury watches were abandoned, adding a peculiar twist to the ongoing operation against Richard Heart.  Richard Heart is a wanted offender with a trail of allegations Schueler’s legal troubles gained momentum on Sept. 13, 2024, when Finnish authorities remanded him. The arrest followed allegations of tax evasion of several hundred million euros and a violent assault that allegedly occurred in February 2021. In this criminal case, Schueler is accused of assaulting a 16-year-old victim, and physically assaulting the minor.  Adding to his legal problems, Interpol issued a “Red Notice” against Heart on Dec. 22, 2024, making Heart one of Europe’s most wanted fugitives. Finnish officials estimate that his unpaid taxes are several hundred million euros, while his income in 2023 alone was €15.2 million ($16.9 million). Richard Schueler, a well-known person in the cryptocurrency space, founded several cryptocurrencies including HEX, PulseChain (PLS), and PulseX (PSLX). However, his cryptocurrency attempts haven’t gone unnoticed. The US Securities and Exchange Commission (SEC) sued Schueler in July 2023 alleging that all three tokens,…

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Filed under: News - @ January 8, 2025 8:24 am