Richard Heart caught ‘off-guard,’ QDay gets even closer: Hodler’s Digest

HEX founder Richard Heart detained in early morning raid in Istanbul, Starknet plunges almost 50% as it votes to become an L1, and Bitwise says all signs point to Crypto Spring.

The HEX market cap fell from $561 million to $315 million this week after founder Richard Schueler — better known to the crypto community as Richard Heart — was detained by authorities in Istanbul on October 14.

Police seized $7.15 million in cash along with firearms and ammunition during an early morning raid in Istanbul’s Beşiktaş district, alongside searches of 15 related addresses according to Turkish Justice Minister Akın Gürlek.

Police impounded nine luxury vehicles registered to Schueler’s wife according to news agency Anadolu. The haul reportedly included 28 watches, 300 bags and 19 graphics cards.

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