Finnish police seized a luxury watch worth 2.6 million dollars from Hex founder Richard Heart

ChainCatcher news, according to Decrypt, Finnish police have seized luxury watches worth approximately $2.6 million belonging to Hex founder Richard Schueler (also known as Richard Heart) at a residence in Espoo, including 20 watches, most of which are Rolex. He is wanted for alleged nationwide tax evasion.

This action is related to a previous red notice issued by Interpol against Schueler. He is accused of tax evasion, violent assault on minors, and misusing $12 million raised through the Hex project to purchase luxury goods.

Additionally, the U.S. Securities and Exchange Commission (SEC) has charged him with raising over $1 billion through unregistered securities such as Hex, claiming that the high returns promised by his crypto project are unrealistic.