B&S Holdings

South Korea Arrests Three Haru Invest Executives for $826M Fraud
Crypto

South Korea Arrests Three Haru Invest Executives for $826M Fraud

South Korean authorities have arrested three executives of troubled crypto yield platform Haru Invest for allegedly stealing 1.1 trillion won ($826 million) worth of crypto from around 16,000 customers, local news agency Yonhap reported on Feb. 6. The company’s CEO is reportedly among the three arrested by the Seoul Southern District Prosecutors’ Office’s Joint Investigation […]

Feb. 6, 2024
Haru Invest Plans To Shutdown Its Server
Crypto

Haru Invest Plans To Shutdown Its Server

Haru Invest, a troubled cryptocurrency platform, intends to terminate its server a few months after halting withdrawals in June 2023. In an October 16 statement, Hugo Lee, the CEO of Haru Invest, said this move aims to reduce the company’s expenses and address the concerns of clients who have had their assets locked on the […]

Oct. 17, 2023