HEX Token Falls Nearly 30% After Reports of Founder’s Detention
HEX declined to $0.0006 by 11:28 a.m. UTC Thursday, erasing about $160 million in market capitalization, following local media reports that founder Richard Schueler was detained in Istanbul.
Hex (HEX) fell nearly 30% over the past 24 hours following local media reports that founder Richard Schueler, also known as Richard Heart, had been detained by authorities in Istanbul. At 11:28 am UTC on Thursday, HEX was down to $0.0006, wiping about 160 million from its market capital…