HEX token sellers erase $160M following reports of founder Richard Schueler arrest

What happened

The HEX token’s price declined by 30% following local media reports of the Istanbul arrest of founder Richard Schueler, nearly two years after Interpol issued a “Red Notice.”

Why it matters

The development may change operating conditions or market expectations around Crypto. Further confirmation and measurable outcomes matter.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

1. CointelegraphPrimary source · Supports · EN · 100%
   HEX token sellers erase $160M following reports of founder Richard Schueler arrest ↗Oct 15, 2026, 8:12 AM

Claims

• HEX token sellers erase $160M following reports of founder Richard Schueler arrest Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

1. October 15, 2026 at 8:12 AMFirst reported
2. Oct 15, 2026, 8:21 AMUnverified · 60/64%

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation