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Turkey confirms Hex founder Richard Heart's arrest, says police seized $7.15 million and six ...

Published

17 October 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

Turkey

◆ Source

Read at theblock.co →

◆ Verified

Fusion42 · 17 October 2026 · Fusion42 review

Turkey has confirmed the arrest of Hex founder Richard Heart along with the seizure of $7.15 million and six cold wallets by police. Authorities also detained Heart's wife and three bodyguards, conducting searches that uncovered guns, ammunition, watches, and jewellery.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.

◆ ◆ The Wire takeaway

Your operations in Turkish crypto markets just faced a severe crackdown. You need to rethink risk exposure and compliance immediately to protect your assets and team.

◆ Coverage

1 source · 17 Oct 2026

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Crypto & Web3cryptoarrestregulationfund-seizurelaw-enforcementturkey