According to Techub News, The Block reported that Interpol has issued a red warrant to its member states on behalf of Finland for the founder of Hex and PulseChain, Richard James Schueler, commonly known as Richard Heart by cryptocurrency investors.
Police believe that Richard James Schueler created, launched and promoted his cryptocurrency project in Finland, with marketing efforts around the world. The alleged tax evasion occurred between June 2, 2020 and April 2, 2024, and another assault charge occurred between February 16 and 17, 2021. Richard James Schueler also faces charges from the Securities and Exchange Commission (SEC) in the United States, accused of illegally raising more than $1 billion.
A Red Notice is a formal alert to Interpol member countries that a valid national arrest warrant has been issued for a person. It usually triggers extradition proceedings if the wanted person is detained in another country.