Richard Heart Hit by Surprise Move as QDay Progresses: Hodler’s Digest

The HEX token has suffered a sharp market-cap contraction this week after Turkish authorities detained its founder, Richard Schueler—better known in crypto circles as Richard Heart. HEX’s market capitalization reportedly dropped from about $561 million to $315 million, according to the figures cited in the report. The detention follows a high-profile police operation in Istanbul on October 14. Turkish Justice Minister Akın Gürlek said officers seized $7.15 million in cash during an early-morning raid in the Beşiktaş district and searched 15 related addresses, alongside firearms and ammunition.