Hex and PulseChain founder Richard Heart detained in Istanbul: reports
60-second summary
Richard Heart, the founder of Hex and PulseChain, is reported to have been detained in Istanbul, with Turkish authorities seizing roughly $4 million in cash and 64 luxury watches; police have not officially confirmed his arrest. The alleged seizure underscores heightened regulatory scrutiny on high‑profile crypto entrepreneurs, potentially pressuring market sentiment and prompting tighter compliance measures across the industry.
Turkish reports say $4 million and 64 watches were seized. Police have yet to confirm Heart’s detention.