According to PANews, Richard Schueler, also known as Richard Heard or Richard Heart, the founder of Hex and PulseChain, is currently under criminal investigation in Finland for serious tax evasion and assault charges. Finnish police suspect Schueler of significant tax evasion and assault. On September 13, Schueler was detained in absentia, indicating he was not present at the time. Authorities are currently unaware of his whereabouts.
Last summer, the U.S. Securities and Exchange Commission (SEC) accused Schueler of illegally raising over $1 billion through three unregistered cryptocurrency offerings. The regulatory body also charged him with defrauding investors of $12.1 million.