TURKEY CONFIRMS HEX FOUNDER RICHARD HEART'S ARREST

Summary from the TLDR Crypto newsletter

Justice Minister Akın Gürlek confirmed Heart (Richard Schueler) was detained in Istanbul on October 14 with his wife, and three bodyguards were detained later. Searches of 15 addresses turned up $7.15M in cash, six cold wallets, seven firearms, 1,400 rounds, 28 watches, and 97 pieces of jewelry. Heart has been under an Interpol Red Notice since December 2024, issued for Finland over alleged gross tax evasion and assault. Gürlek also tied it to alleged $1B in crypto fraud. A US judge dismissed the SEC's case on jurisdictional grounds in February 2025, and the SEC did not refile.