Well-known Altcoin Founder Detained in Istanbul: His Tokens Have Plummeted

Richard Heart, the founder of the cryptocurrency projects HEX and PulseChain, was reportedly detained in Istanbul in a joint operation by the National Intelligence Organization (MİT) and security forces. Following Heart's detention, cryptocurrencies linked to him experienced sharp declines in value. According to news reports in the Turkish press today, Heart was apprehended in an operation at his address in the Beşiktaş district of Istanbul. Initial reports stated that $4 million in cash, 64 luxury watches, and numerous electronic devices were seized during searches at the address.