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Police raids the house of missing HEX founder

Police raid leads to seizure of luxury watches from HEX founder According to a press release issued by the Finnish police, 20 luxury watches believed to belong to Richard Heart, the founder of HEX, were seized during a.

By Mike Hesp
• 2 min read
Police raids the house of missing HEX founder

Police raid leads to seizure of luxury watches from HEX founder

According to a press release issued by the Finnish police, 20 luxury watches believed to belong to Richard Heart, the founder of HEX, were seized during a raid in the city of Espoo on Tuesday, Jan. 7. Estimates indicate that the collection of watches is worth about US$2.6 million. Most of the collection consists of Rolex brand models.

Heart, who has launched several other crypto projects such as PulseChain in addition to HEX, is wanted by Interpol. He is accused of improperly using about US$12 million in funds received, such as for luxury goods. In addition, he is accused of violence against a 16-year-old, tax evasion of millions of dollars, and selling unregistered securities. Heart denies the allegations and claims it is a campaign by his "haters."

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His exact whereabouts remain unclear. HEX's share price has fallen significantly since the issuance of the arrest warrant.

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