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Cryptocurrency News Articles

Interpol Issues Red Notice for PulseChain Founder Richard Hart on Fraud Charges

Dec 23, 2024 at 01:00 pm

The world's largest international police organization Interpol has issued a "red notice" to member countries on behalf of Finland against Hex and PulseChain

Interpol Issues Red Notice for PulseChain Founder Richard Hart on Fraud Charges

Interpol has issued a "red notice" to member countries on behalf of Finland against Hex and PulseChain founder Richard James Schuler, also known as Richard Hart among crypto investors, over fraud charges amounting to "hundreds of millions of euros" and assaulting a 16-year-old.

A Red Notice is an official document that serves as a valid national arrest warrant for a specific person. It typically initiates extradition proceedings if the wanted person is detained in another country.

Europol has also added Schuler to its most wanted list, while the U.S. Securities and Exchange Commission (SEC) filed a separate lawsuit against him for allegedly selling unregistered securities through several crypto projects he launched.

Schuler was notably added to Europol's list on Dec. 18, likely around the same time the Red Notice was issued. Meanwhile, he published a cryptic post on social media.

"All my life I have been preparing for the future. Anticipating it. Creating it. I have never been safer, and I am looking forward to the new year," part of his post reads.

"The distinguished judge in the SEC case against me is due to rule soon. Donald Trump will soon take office. PulseX, PulseChain, HEX, INC - they all work perfectly. It drives some people crazy, but they literally can't do anything about it except get angry... Nothing can stop an idea whose time has come."

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Other articles published on Feb 02, 2025