Finnish police seize $2.68 million worth of luxury watches from Hex founder Richard Schueler

According to local media Yle, Finnish police seized luxury watches worth about $2.68 million from a residence of Hex founder Richard Schueler, who was wanted in Finland for tax evasion and assault. A considerable number of these watches were purchased in Finland, and some were purchased in the United States. (Cointelegraph) Last December, Interpol issued a "red warrant" to its member states on behalf of Finland, seeking the Hex and PulseChain founder Richard James Schueler, who is often called Richard Heart by cryptocurrency investors. A red warrant is a formal warning to Interpol member states that a valid national arrest warrant has been issued to a person. If the wanted person is detained in another country, the warrant usually triggers extradition proceedings. The website of Europol, the EU law enforcement agency, shows that in this case, Finland issued an arrest warrant for Schueler on charges of tax evasion of "hundreds of millions of euros" and suspected assault on a 16-year-old. The website states: "Schueler failed to file corporate tax returns for years and failed to fill in income information on pre-filled personal tax returns... The total amount of tax evasion amounted to hundreds of millions of euros." The website also describes Schueler's assault charges, in which he allegedly beat a 16-year-old girl.