Finnish Authorities Seize Luxury Watches Worth $2.6 Million from HEX Founder Richard Heart
Finnish authorities have confiscated a collection of luxury watches valued at approximately $2.6 million from Richard Schueler, also known as Richard Heart, the founder of the cryptocurrency HEX. The seizure is part of an ongoing investigation into Schueler’s alleged tax evasion and assault charges.
The Investigation and Seizure
The collection, consisting of 20 high-end watches, primarily Rolex models, was discovered in a vacant residence in Espoo, Finland. According to Inspector Harri Saaristola, who led the investigation, the watches were uncovered through intelligence work conducted by the police. Schueler had left the items behind after vacating the property. Experts estimate the total value of the watches at $2.68 million based on receipts and evaluations.
Background on the Charges
Schueler is wanted in Finland on charges of tax evasion between June 2020 and April 2024, as well as assault incidents from February 2021. Despite his detention on September 13, Finnish authorities have been unable to determine his whereabouts. On December 22, Interpol issued a Red Notice for Schueler in connection with these accusations.
Schueler’s Continued Online Presence
Despite the charges, Schueler remains active on social media platforms like X and YouTube, promoting HEX. His continued online presence has drawn criticism as authorities struggle to locate him.
Conclusion
The seizure of luxury watches from Richard Heart, the founder of HEX, is a significant development in the ongoing investigation into his alleged tax evasion and assault charges. As Finnish authorities continue to pursue Schueler, the case highlights the complexities of cryptocurrency regulation and the challenges of tracking down individuals who use online platforms to promote their activities.
Source: Bitdegree.org
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