According to CoinMeta, Turkish Minister of Justice Ak's Gü rlek confirmed on October 17 that the founders of HEX and PulseChain, Richard Heart, were detained in Istanbul on October 14, along with their wife and three bodyguards. Gü rlek stated that Heart is wanted by Interpol on a red notice for allegedly involved in crypto asset fraud worth approximately $1 billion. The police conducted searches at 15 locations in Istanbul, seizing $7.15 million in cash, 6 cold wallets of cryptocurrencies, 28 watches, 97 pieces of jewelry, as well as firearms and electronic devices. Currently, related judicial proceedings and inspections of the seized items are still ongoing.