HEX Token Founder Richard Hart Wanted by Interpol for Fraud

December 23, 2024

Richard Hart, the creator of the HEX token, has been placed on Interpol’s Red Notice list. He faces charges of tax fraud and violent assault.

Hart is a controversial figure in the cryptocurrency industry. In addition to founding and running the HEX project, he is also associated with other projects such as PulseChain and PulseX.

Interpol seeks Richard Hart on charges of tax evasion and armed assault

INTERPOL has issued a Red Notice for Richard James Schiller, born October 9, 1979, a United States citizen. A Red Notice is a global alert requesting that law enforcement agencies worldwide locate and detain an individual for extradition.

According to EUmostWanted, Schiller failed to comply with legal tax obligations, resulting in hundreds of millions of euros in tax evasion. Furthermore, the platform alleges that Schiller violently assaulted a 16-year-old victim.

However, despite the Interpol accusations, Richard Hart has ignored the charges. Richard maintains that he is committed to making the world a better place, claiming that certain parties are conspiring to bring him down. Hart also expressed confidence in the ability of the new Trump administration to issue favorable rulings for his projects.

“I have spent my entire life preparing for the future. Anticipating it. Creating it. I have never felt more secure and excited about the future. The honorable judge in the SEC case against me should be making her ruling soon. Donald Trump will be in office soon. PulseX, PulseChain, HEX, and INC are all doing great. This makes some entities angry, but there is nothing they can do about it except be angry. It is a great feeling to be wanted. You cannot stop an idea whose time has come.” said Richard Hart.

Additionally, earlier this year, Hart and his legal team filed a letter with Judge Carol Bagley Ammon of the U.S. District Court for the Eastern District of New York in an attempt to counter the SEC's allegations of securities fraud.

Following the red notice announcement, the HEX token price surged by 30%, from $0.0032 to $0.0044. CoinMarketCap reports that HEX’s market cap dropped by 50% in December, now standing at $2.54 billion. Additionally, DefiLlama notes that PulseX’s total value locked reached $700 million in December before falling to $534 million.