Turkish police detained Hex and PulseChain founder Richard Heart on Oct. 14, seizing $7M+ in cash and six cold wallets; HEX fell nearly 50% on initial reports
THE SO WHAT
One arrest wiping nearly 50% off HEX underlines how much some token ecosystems still hinge on single individuals rather than durable infrastructure or cash flows. If you’re exposed to personality-driven projects, treat them as event risk, not long-term capital—position size accordingly and separate speculative bets from operating capital.
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