The Founder Risk Premium: What Richard Heart's Detention Actually Prices
A structural analysis of the HEX/PulseChain founder detention event, arguing that the market is mispricing three separate legal tracks as one headline, that the duration of uncertainty matters far more than the initial shock, and that the real story is a repricing of key-person risk across all founder-driven protocols. The piece separates the Finnish tax matter, the Turkish detention, and the US SEC dispute, examines the structural asymmetry facing locked HEX stakers, and argues that asset attachment — not detention — is the only event that actually touches the chain.
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