11 hours ago

Interpol Issues Red Notice to Hex Founder Richard Heart

Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. Tax Fraud and Assault Charges The Red Notice is a formal request to law enforcement agencies worldwide to locate and provisionally arrest an individual pending extradition, surrender, or similar legal actions. However, it does not constitute an international arrest warrant. Earlier this year, Heart was also featured on the European Union’s Most Wanted List for the same charges. Finnish authorities allege that he committed tax fraud between 2020 and 2024, with a remand order first issued against him on September 13, 2024. “For the purpose of avoiding tax, Schueler failed to observe a statutory duty pertaining to taxation that is of significance in the assessment of tax,” read the tax fraud allegation. The authorities claim that the 45-year-old failed to file business tax returns for multiple years and omitted information about his income in pre-filled personal returns. They allege that he received income from business activities that should have been declared to the tax administration for assessment, with the total amount of dues avoided reaching hundreds of millions of euros. In a separate case, Schueler is also wanted in Finland for allegedly assaulting a minor. Schueler Defends Legacy Amid Interpol Notice While the accused has not directly addressed the Red Notice, in a December 22 post on X, he seemed to reference the situation indirectly, challenging his ‘haters’ and highlighting his philanthropic efforts. “Why settle for being wanted when you can be the most wanted?” read the post, referencing his claimed $27 million contributions to medical research, self-help books, and P2P publishing software. He emphasized his belief in his positive impact, expressing that he strives to ‘make the world a better place’ despite feeling that those who make a difference often face unkindness. Meanwhile, the Hex creator is also involved in a legal battle with the U.S. Securities and Exchange Commission (SEC). In 2023, the regulator sued him, accusing him of unregistered securities sales and fraudulent activities. The agency alleges that Heart conducted an unsanctioned sale of cryptocurrency securities that raised over $1 billion. He is accused of promoting Hex as a “blockchain certificate of deposit” between December 2019 and November 2020. Further, he is said to have promised high returns and attracted $678 million in investments, but the token’s value later dropped by 98.4% from its peak. The SEC also claims Heart raised $354 million for PulseChain, supposedly for development, but used the funds for personal luxuries. In January 2024, he filed a motion to dismiss the case, which the financial watchdog opposed, arguing it failed to address the allegations or meet legal standards. The post Interpol Issues Red Notice to Hex Founder Richard Heart appeared first on CryptoPotato .

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3 Undervalued Cryptocurrencies to Reach $1 This Bull Cycle

Investors are actively looking for tokens that will provide significant profits as the crypto market prepares for a fresh bull cycle. Among the underpriced treasures ready for a revolution, Rexas Finance (RXS), Dogecoin (DOGE), and TRON (TRX) mainly show promise for expansion. Rexas Finance (RXS) is leading the way, as its innovative approach to asset management and significant presale momentum help these three cryptocurrencies reach the sought-after $1 mark. Rexas Finance (RXS): The Top Contender to Reach $1 Thanks to its creative approach to real-world asset (RWA) tokenization, Rexas Finance (RXS) has rapidly become one of the most promising cryptocurrencies of this bull cycle. By letting people tokenize and invest in real estate, art, and commodities, Rexas Finance is building a future with unlimited asset ownership and liquidity. This utility-driven approach makes it the most underpriced cryptocurrency worth observing. Priced at $0.15 in its 10th presale round as of writing, RXS has so far raised an impressive $30.70 million, which reflects great investor confidence. The earlier presale stages of the token sold out ahead of time, which is evidence of its increasing appeal. According to market analysts, Rexas Finance (RXS) will see a 567% price increase during this bull cycle, forcing its price to $1. The token’s notable 400% increase from the commencement of its presale—where it was first valued at just $0.03—helps to corroborate this estimate. Approaching its expected listing price of $0.20, Rexas Finance (RXS) promises assured returns. Furthermore, the coin, which intends to be listed on three tier-1 platforms, can draw even more liquidity and interest. These elements make Rexas Finance a revolution in asset management and a great cryptocurrency. Its creative use case and great presale momentum help distinguish it as the most significant underpriced cryptocurrency to hit $1 in this bull cycle. Dogecoin (DOGE): The Memecoin with Serious Momentum With growing acceptance and community support, Dogecoin (DOGE) has become a powerhouse cryptocurrency. At $0.3845 as of writing, DOGE has shown amazing performance: over 300% year-to-date growth and a 250% increase in the last three months. Its comeback underscores the growing curiosity of institutional and individual investors. Over the medium to long term, DOGE’s price movement has been within a horizontal trend channel, indicating the possibility of an ongoing increase. Supported at $0.17 and opposed at $0.47, the token is about to exceed its resistance level. Analysts estimate that Dogecoin will hit $1 in this bull cycle driven by increasing payment acceptance and the support of well-known activists. Dogecoin appeals mostly for its simplicity and general availability. Initially driven by excitement, the coin has recently become a respectable investment thanks to growing use cases on e-commerce and tipping systems. DOGE is still a strong competitor to reach $1 even if its path depends mostly on market mood and community-driven initiatives as the market turns positive. TRON (TRX): The Blockchain Pioneer Poised for a Breakout Rising steadily to become among the strongest blockchain systems, TRON (TRX) has a native token positioned for notable expansion. Priced at $0.2721, TRX has shown great investor optimism, with an 85% rise over the past three months and over 150% year-to-date increase. TRON’s technical arrangement is one of its strongest suits. The token’s upward trend has broken in the medium to long term, suggesting a quickening of its development path. TRX is well-positioned for further growth since its price chart shows no obvious opposition. A good volume balance also implies investors are more optimistic about the token’s future. Driven by its burgeoning ecosystem and increasing acceptance of distributed apps (dApps), analysts project that TRON will hit $1 during this bull cycle. Developers have chosen TRON’s blockchain because of its low transaction fees and outstanding throughput, which are well-known features. Consistent development of the network and alliances helps to increase its appeal even more. TRX is still a highly undervalued cryptocurrency with the potential to hit $1 in the bull cycle as it gains strength. Conclusion Rexas Finance (RXS) presents a unique chance for investors wishing to profit on the bull market to participate in the future of asset management and gain from its expected 567% price increase to $1. Don’t miss the chance to invest in the most promising cryptocurrency of this cycle. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses The post 3 Undervalued Cryptocurrencies to Reach $1 This Bull Cycle appeared first on Times Tabloid . Crypto Potato

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

The “Santa Claus rally” seems to be behind the broader crypto market’s rebound today. Bitcoin (BTC) soars from $93,835 to $98,441, and altcoins follow suit, with Bitget (BGB) recording some of the most impressive weekly gains among the top 25 coins. Bitget’s partnership with TRON, which saw it invest $10 million into TRX and announce Crypto Potato