HEX Founder Richard Heart Detained in Istanbul Raid as Starknet Plunges
HEX founder Richard Heart was detained in an early morning Istanbul raid as police seized millions, while Starknet plunged following an L1 vote.
HEX Founder Richard Heart Detained in Istanbul Raid as Starknet Plunges
HEX founder Richard Heart was detained in an early morning Istanbul raid as police seized millions, while Starknet plunged following an L1 vote.
Richard Heart Detained in Istanbul
According to Cointelegraph, HEX founder Richard Heart was detained during an early morning raid in Istanbul. Turkey later confirmed the arrest of the Hex founder, with police conducting searches across 15 addresses.
During the operation, law enforcement officials reportedly seized $7.15 million in cash alongside six cold wallets. Authorities also recovered seven firearms and 1,400 rounds of ammunition during the searches.
Starknet Plunges Following L1 Vote and Broader Market Updates
In wider market movements, Starknet plunged almost 50% after voting to become a Layer 1 network, according to Cointelegraph's Hodler's Digest. The dramatic shift in architecture coincided with significant volatility for the asset.
Meanwhile, asset manager Bitwise indicated that various indicators point toward the arrival of a Crypto Spring. These developments highlight a turbulent period across the digital asset ecosystem as regulatory and structural changes unfold.
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