Interpol, the world's largest international law enforcement organization, has issued an arrest request for the founder of cryptocurrency company Hex, Richard Schuyler, on tax fraud and assault charges.

Interpol It issued its red bulletin For Schuyler, known in cryptocurrency circles as Richard Hart, it is “a request to law enforcement authorities around the world to locate and temporarily arrest an individual pending extradition, extradition, or similar legal action.” However, it is just a request, as the organization explains that “a Red Notice is not an international arrest warrant.

said Byron Boston, a former Dallas police officer and CEO of cryptocurrency company Crypto Track Decryption “The INTERPOL Red Notice reflects increased international cooperation to address criminal activities linked to cryptocurrencies, such as fraud and tax evasion.”

“The notice promotes international cooperation, signals law enforcement’s intent to hold cryptocurrency founders accountable for financial misconduct, and enhance scrutiny of projects,” Boston added.

Schuyler founded Hex, a cryptocurrency marketed as a high-yield “blockchain certificate of deposit,” with his token investigated as a potential unregistered security. Schuyler is accused of misusing $12 million in luxury goods and promoting unrealistic returns.

The SEC claims that Hex failed the Howey test, making it qualify as a security, and notes that the value of its token has fallen 98.4% from its peak. Organizer Schuyler commissioned in the summer of 2023 Along with three individual entities: PulseChain, PulseX, and Hex.

Heart began marketing Hex in 2018, claiming it was the first high-yield “blockchain certificate of deposit,” and began promoting Hex tokens as an investment designed to make people “rich,” the SEC complaint said. This summer, he Submit a request for dismissal case, alleging that he raised more than $1 billion through sales of unregistered securities tied to his startup Hex.

Schuyler found his own, too On Europe's most wanted fugitives listwhere more details regarding his alleged crimes are listed. He allegedly "physically assaulted a 16-year-old victim by grabbing her by the hair, dragging her into the stairs and throwing her to the ground," according to the listing.

He is also being investigated Tax evasion Between June 2020 and April 2024. According to the Finnish Public Broadcasting Corporation YaleThe notice comes just three months after Schuyler's pretrial detention order was issued in September.

Shueler remains active on Twitter. Saturday is A post shared before Addressing his “haters” he claimed that “nothing angers haters more than success.” The post has received more than 263,000 views so far.

“I really do my best to make the world a better place, and I have to say the world can be pretty cruel to people who make a difference,” he wrote.

Modified by Andrew Hayward