Controversial Crypto Founder Ends up on Interpol’s Most Wanted List

Interpol has issued a Red Notice for Richard James Schueler, known in the cryptocurrency world as Richard Heart, the founder of HEX and PulseChain.

The notice, which is a formal request to member countries to apprehend a person wanted for a serious crime, was prompted by charges from Finland, where Schueler faces allegations of large-scale fraud and assault.

Schueler is accused of evading taxes, reportedly avoiding hundreds of millions of euros in tax payments by failing to file necessary returns and provide income details. Additionally, he faces a charge of assault related to an incident involving a 16-year-old, in which he allegedly physically attacked the teenager. Europol’s website, which lists Schueler among its most wanted individuals, includes these allegations as part of the ongoing investigation.

This development follows a series of legal challenges for Schueler, including a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) for allegedly selling unregistered securities through his cryptocurrency ventures. The news of Schueler being added to Europol’s list was first reported in September, with the Red Notice likely being issued shortly after.

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In response to these legal battles, Schueler posted a cryptic message on social media, alluding to the ongoing issues. He expressed confidence in his future, despite the legal scrutiny, and suggested that his cryptocurrency projects were thriving. Schueler also hinted at the potential political implications of his situation, mentioning the upcoming U.S. election and his belief in the success of his ventures, including PulseChain and HEX.

Alexander Stefanov