The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was taken to a hospital. Crypto Platform’s CEO Stabbed During Fraud Trial The CEO…
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The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dollars under the guise of offering safe, high-yield crypto investments. Haru Invest Executives Arrested for $826 Million Embezzlement South Korean authorities have arrested three executives of the crypto yield platform Haru Invest, including the…
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Top executives of Haru Invest, a South Korean crypto yield platform, have been arrested by the county’s prosecutors on Monday. The crypto investigation arm of the Seoul Southern District Prosecutors’ Office have arrested three people in connection with crypto fraud worth 1 trillion Won ($752 million). Per the prosecutors’ charges, the three accused, including the…
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No specific timeline was given as to when users can receive their money back. Bankrupt South Korean yield platform Haru Invest says it will return users’ assets, although no particular timeframe is given. In a questions and answers session on October 2, Hugo Lee, Haru Invest’s CEO, said the firm has a plan for “phased…
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The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one of its primary service providers Haru Invest suspended deposits and withdrawals. Impact of…
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