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HEX Founder Richard Heart Arrested in Istanbul, Turkish Justice Minister Confirms

HEX Founder Richard Heart Arrested in Istanbul, Turkish Justice Minister Confirms

Photo: TheCoinrise

Officials say police seized $7.15 million in assets and six cold wallets during the operation. Turkey's Justice Minister has publicly confirmed that Richard Heart, the founder of the HEX cryptocurrency, was arrested in Istanbul. The confirmation came after reports of the arrest first circulated among crypto news outlets. According to details shared by officials, police seized $7.15 million in assets during the operation. Investigators also recovered six cold wallets, the hardware devices used to store cryptocurrency offline. Cold wallets are generally considered more secure than online storage, making their seizure significant for any follow-up investigation into asset custody.

Source: TheCoinrise

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