Richard Heart Arrested in Istanbul Over Crypto Fraud Allegations

Richard James Schueler, known as Richard Heart, is reportedly arrested in Istanbul, Turkey, on October 14, 2026, according to Turkish media reports. Intelligence and financial crimes teams detained the HEX founder during an operation in the Beşiktaş district, supported by the National Intelligence Organization (MİT). His wife is also taken into custody. The reported arrest follows an Interpol Red Notice linked to allegations of crypto fraud, bringing renewed attention to Heart’s ongoing legal challenges. Istanbul police located Heart after conducting intelligence work and surveillance.