Finnish authorities confiscated luxury watches valued at $2.6 million from Richard Shueler, the founder of Hex. The watches, mostly Rolexes, were found in Shueler's residence in Espoo. He is wanted for tax evasion and is under investigation by the SEC for potential securities violations related to his cryptocurrency, Hex. Additionally, Shueler is accused of misusing $12 million on luxury items and making false promises of high returns. Interpol has issued an arrest warrant for him on charges of tax fraud and assault. The police were able to trace the watches through intelligence services. The SEC claims that Hex is a security and has seen a significant drop in value. Shueler allegedly raised over $1 billion through unregistered securities sales. He has filed a motion to dismiss the case. The article was edited by Stacy Elliott. Read more AI-generated news on: https://app.chaingpt.org/news

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