Turkish authorities detained Richard James Schueler, known as Richard Heart, at an address in Beşiktaş, Istanbul, in a raid by the National Intelligence Organization (MİT), according to Euronews. He faces US SEC accusations of misappropriating a $1.5 billion crypto fund. Searches reportedly yielded 12 phones, 8 computer towers, 6 laptops, 20 graphics cards, 14 SSDs, 7 flash drives, 3 memory cards, 3 handguns, 4 rifles, 1,360 cartridges, 2 drones, 24 watches, gold jewelry, $600,000, €2,600 and 50,000 lira. MIT cyber analysts traced suspicious wallet movements and blockchain transfers to an Istanbul IP address, per Sabah.

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