Hugo Hyungsoo Lee, the CEO of South Korean crypto yield platform Haru Invest, was brutally attacked in a courtroom on August 28, 2024. The assault took place in Courtroom No. 306 at approximately 2:20 PM local time, according to local media reports.
Immediate Response
Court security quickly intervened to subdue Mr. Kang, a man in his 40s, who had smuggled a 5cm knife into the courtroom and launched a sudden attack on Mr. Lee. The assault left Mr. Lee with multiple stab wounds to his neck, causing significant bleeding. Security immediately called for emergency services, and Lee was transported to the hospital. Mr. Kang was detained by officers from the Seoul Yangcheon Police Station and is currently under investigation for the violent attack.
Background of the Case
Haru Invest, once touted for offering double-digit yields on crypto deposits, has been facing severe scrutiny since it paused withdrawals and deposits in June 2023. The company cited issues with service partners and fired around 100 employees. Reports suggest that Haru Invest might have been involved in a 'rug pull' scam, where founders disappear with investors' funds.
Hugo Lee’s Troubles
Hugo Lee's legal troubles have been significant. In February 2024, he was detained on allegations of stealing 1.1 trillion won (approximately $828 million) from around 16,000 customers under the Aggravated Punishment Act for Certain Crimes. Though he was granted bail in July, he remains under legal scrutiny. The ongoing fraud case continues to unfold, with Haru Invest and related companies like Delio under investigation for their financial practices.
This incident highlights the ongoing issues and legal challenges surrounding Haru Invest and Hugo Lee. The investigation continues, and further information will be disclosed as it becomes available.
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