Hex, PulseChain Founder Richard Heart Reportedly Detained in Istanbul, Local Reports Say 64 Watches Seized

A pile of cash, a box of watches — the numbers are out there, but the identity of the person at the center hasn't been officially stamped. Turkish local media reported that Richard Heart, founder of crypto projects Hex and PulseChain, was detained in Istanbul, with seized items including $4 million in cash and 64 watches.

So far, the news has only appeared in Turkish media reports — the figures of $4 million in cash and 64 watches seized all come from these reports, and Turkish police have not publicly confirmed Heart's detention. In other words, the core fact of the case — whether Heart himself is actually in custody — remains officially unverified.

Richard Heart has long been one of the most talked-about figures in the crypto space, with both Hex and PulseChain bearing his name. This detention report has also put his personal cash holdings and watch collection into the spotlight. The sheer number of 64 watches is eye-catching on its own, but the reports don't specify the brands, models, or estimated value, nor do they detail the currency of the cash or the exact location of the seizure.

As of publication, the details remain based solely on Turkish media reports, with no official statement yet released. Whether law enforcement will issue a clearer statement going forward remains to be seen.