HEX token price drops 30% amid reports of founder Richard Schueler’s arrest in Istanbul

According to Cointelegraph, the HEX token’s price declined by approximately 30 percent following local media reports that founder Richard Schueler was arrested in Istanbul. The development occurred nearly two years after Interpol issued a “Red Notice” related to Mr. Schueler. No further details about the arrest were provided in the source material. The price movement reflects market reaction to the reported arrest, based on available public reporting at the time. No statements from HEX officials, team members, or legal representatives were included. The timeline references the two-year interval since Interpol’s Red Notice was issued. The summary does not include speculative outcomes, investor actions beyond price change, or additional factual claims about enforcement details.