The world’s largest international police organization, Interpol, has issued a “Red Notice” for Hex founder Richard Schueler, also known as Richard Heart, for allegedly committing tax fraud and assault.
A Red Notice is a global request for law enforcement to locate and provisionally arrest a person — with Finnish authorities seeking Schueler’s arrest. However, a Red Notice is not an international arrest warrant.
Schueler was also listed on Europe’s most wanted fugitives list, where the same allegations went into more detail. It alleged that Schueler “physically assaulted a 16-year-old victim by grabbing their hair, dragging them into the stairwell and knocking them to the ground.”
The remand order was issued for Schueler 3 months ago
Heart is suspected of tax evasion between June 2, 2020, and April 2, 2024.
The Red Notice comes just three months after a remand order was initially issued for Schueler on Sept. 13, according to Finnish public broadcaster Yle.
Richard James Schueler has been issued a red notice by Interpol. Source: Interpol
On Sept. 18, Cointelegraph reported that Helsinki police detective Harri Saaristola told Yle that Heart’s income reporting did not match the tax service’s estimates.
Schueler has yet to comment publicly on the Red Notice. However, he has remained active on social media and has made comments that appear to allude to the matter.
“If the haters really wanted to get me down, they could raise more than the $27M I did for medical research,” Schueler said in a Dec. 21 X post.
Schueler remains at the center of an SEC lawsuit
“Nothing makes haters angrier than success. Every time they think of you, it reminds them how they’re not doing half what they could,” he said.
Meanwhile, Schueler is still caught up in a lawsuit with United States regulators over alleged unregistered offerings of three crypto tokens, Hex, PulseChain (PLS) and PulseX (PSLX).
Related: Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
On Aug. 22, Heart requested to dismiss the $1 billion lawsuit but the Securities and Exchange Commission pushed back, arguing it has the full authority to bring the case to Heart.
The SEC claimed Heart had raised more than $1 billion through “the unregistered offer and sale of crypto asset securities,” According to the complaint, Heart touted the tokens “as a pathway to grandiose wealth for investors.”
Cointelegraph reached out to Richard Schueler for comment but did not receive a response by the time of publication.
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