On August 28, 2024, Hugo Lee, CEO of the South Korean crypto yield platform Haru Invest, was attacked in a Seoul courtroom. The assault took place around 2:20 PM local time.
Immediate Response
Court security quickly intervened to subdue the attacker, Mr. Kang, a man in his 40s. Mr. Lee was immediately transported to the hospital by ambulance. His clothing was stained with blood by the time he was taken from the courtroom. Mr. Kang was detained and is currently under investigation.
Background of the Case
Haru Invest, once known for offering high yields on crypto deposits, has faced severe issues since June 2023 when the company paused withdrawals and deposits. The company fired around 100 employees and has been accused of running a ‚rug pull‘ scam, where founders take off with investors’ funds. Prosecutors claim that Haru Invest executives promoted their investment techniques as 'risk-free' while misusing customer deposits.
Hugo Lee’s Troubles
Hugo Lee has been dealing with severe legal issues. He was detained in February 2024 and charged under the Aggravated Punishment Act for Certain Crimes. Although 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.
The incident raises further questions about Haru Invest and its executives' operations. The investigation is ongoing, and the public is closely watching the situation.
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