• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Attack on Hugo Hyungsoo Lee, CEO of Haru Invest, in Courtroom

user avatar

by Giorgi Kostiuk

10 months ago


  1. Immediate Response
  2. Background of the Case
  3. Hugo Lee’s Troubles

  4. On August 28, 2024, Hugo Hyungsoo Lee, CEO of the South Korean crypto yield platform Haru Invest, was attacked in Courtroom No. 306. The assault occurred at approximately 2:20 PM local time.

    Immediate Response

    Court security quickly intervened to subdue Mr. Kang, a man in his 40s who attacked Lee with a 5 cm knife. Lee was immediately transported by ambulance to the hospital. His clothing was stained with blood by the time he was taken from the courtroom. Mr. Kang was detained by officers from the Seoul Yangcheon Police Station and is currently under investigation.

    Background of the Case

    Haru Invest, once renowned for offering double-digit yields on crypto deposits, has faced severe scrutiny after pausing withdrawals and deposits in June 2023. The company laid off employees and faced accusations of misappropriating customer funds. Last February, South Korean authorities arrested three executives, including Lee, on suspicion of stealing 1.1 trillion won (approximately $828 million) from 16,000 customers.

    Hugo Lee’s Troubles

    Hugo Lee was detained in February 2024 under the Aggravated Punishment Act for Certain Crimes. He was granted bail in July but remains under legal scrutiny. The fraud case continues to unfold, with Haru Invest and related companies like Delio under investigation for their financial practices.

    The attack on Hugo Hyungsoo Lee highlights the tension and public outcry surrounding Haru Invest and its executives. The legal proceedings continue, and the company's future remains uncertain.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Copper Tariff Implications for American Manufacturers

chest

US copper buyers brace for potential 50% duties on processed copper, raising manufacturing costs.

user avatarGiorgi Kostiuk

YZi Labs and 10X Capital Join Forces to List BNB on U.S. Exchange

chest

Partnership between YZi Labs and 10X Capital provides regulated access to BNB for institutional investors, enhancing interest in cryptocurrencies.

user avatarGiorgi Kostiuk

Why Coinbase Stocks Are Rising: Reasons and Forecasts

chest

Coinbase stocks have significantly increased amid a surge in interest for cryptocurrencies. Analysts predict further growth.

user avatarGiorgi Kostiuk

Removal of U.S. Crypto Broker Reporting Rules: What It Means?

chest

The removal of crypto broker reporting rules in the U.S. may simplify crypto taxation and reduce market compliance burdens.

user avatarGiorgi Kostiuk

Legislative Bill on Stablecoins May Become Trump's First Success

chest

Next week, the US Congress will vote on a stablecoin bill that could change the rules for the crypto industry.

user avatarGiorgi Kostiuk

Tariff Impact Insights from Alberto G. Musalem

chest

Alberto G. Musalem discusses tariff impacts on financial markets and projections for cryptocurrencies.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.