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South Korean Crypto Company Haru Invest’s CEO Stabbed in Court

The CEO of South Korean crypto firm Haru Invest, Hugo Hyungsoo Lee, was stabbed multiple times in the neck during a court hearing in Seoul. Lee was attacked during the ongoing trial involving Haru Invest, where three executives were accused of stealing $826 million in cryptocurrency from around 16,000 users.

According to Digital Asset, the attacker was a man in his 40s, one of Haru Invest’s victims. He suddenly leaped from his seat in the courtroom and stabbed Lee in the neck with a small knife. Lee was quickly taken to the hospital for treatment.

Haru Invest suspended withdrawals on June 13, 2023. The next day, Delio, a company that held some funds at Haru Invest, also halted withdrawals.

Haru Invest Fraud: What Happened?

South Korean prosecutors charged three Haru Invest executives with stealing $826 million worth of cryptocurrency from their 16,000 users. The charges stem from accusations that the executives misused customer funds between March 2020 and June 2023. They allegedly promoted Haru as a stable business with “risk-free diversified investment techniques” while misappropriating assets.

The investigation included Lee, who was initially arrested in February 2024 but released in July before the trial.

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Written by 365Crypto

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