- Richard Schueler, known as Richard Heart, was detained in Istanbul during an early morning raid on October 14.
- Turkish police seized $7.15 million in cash, firearms, ammunition, and luxury goods.
- The HEX market cap fell from $561 million to $315 million this week.
- Starknet plunged almost 50% as it voted to become an L1.
- Bitwise says all signs point to Crypto Spring.
Richard Schueler, better known as Richard Heart, was detained by Turkish authorities in Istanbul on October 14. The founder of HEX was taken into custody during an early morning raid in the Beşiktaş district, with authorities searching 15 related addresses.
Police seized $7.15 million in cash, along with firearms and ammunition, according to Turkish Justice Minister Akın Gürlek. Consequently, nine luxury vehicles registered to Schueler’s wife were impounded, and the haul reportedly included 28 watches, 300 bags, and 19 graphics cards.
The HEX market cap fell from $561 million to $315 million this week. Meanwhile, Starknet plunged almost 50% as it voted to become an L1, and Bitwise says all signs point to Crypto Spring.
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