Crypto entrepreneur Richard Heart, founder of HEX and PulseChain, is reported to have been detained in Istanbul, Turkey. Multiple outlets citing Turkish media and police activity say officers carried out a raid at his residence in the Beşiktaş district.

Reports agree that police seized about $4 million in cash and 64 luxury watches. One outlet also reports that authorities took items including phones, jewelry, and firearms during the operation. The outlets also note that Turkish authorities have not publicly confirmed Heart’s detention, and details on the basis for any action remain unclear.

Different coverage frames the situation slightly differently, including references to possible links to an Interpol red notice in one report. However, all accounts centre on the Istanbul detention reports and the same broad description of the seized assets, with confirmation and official details still pending.