Richard Heart reportedly detained in Istanbul; $4M and 64 watches seized
The Block says Turkish media report that the Hex and PulseChain founder was detained in Istanbul and that authorities seized $4 million and 64 watches. Turkish police have not confirmed the detention.
Turkish media report Richard Heart was detained in Istanbul and that $4M and 64 watches were seized; police haven’t confirmed it, The Block reports.
Richard Heart, the founder of Hex and PulseChain, has been reported detained in Istanbul by Turkish media, The Block says. The reports add that authorities seized $4 million in cash and 64 watches.
What was reported
The Block cites Turkish reports saying Heart was detained in Istanbul and that the stated seizures included $4 million and 64 watches. Those details come from Turkish media accounts; there’s no confirmation from Turkish police in the reporting.
What we don’t know
At the time of the reports, Turkish authorities had not publicly confirmed that Heart was detained, and The Block’s coverage reflects that uncertainty. No additional verified details about charges, the circumstances of the alleged seizure, or next steps were provided in the summary.
For traders in Southeast Asia: the available reports focus on the alleged detention and items seized; they do not say what immediate market or user impacts — if any — might follow.
The takeaway: Turkish media report a detention and the seizure of $4 million and 64 watches, but official confirmation from police is still pending.
Summary written by Oh Cannot from the original report by The Block. Not financial advice.
