On August 28, 2024, Hugo Hyungsoo Lee, the CEO of South Korean crypto yield platform Haru Invest, was brutally attacked with a knife in a courtroom. The incident occurred 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, the attacker. Mr. 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 for the violent attack.
Background of the Case
Haru Invest, once known for offering double-digit yields on crypto deposits, has faced severe scrutiny since it paused withdrawals and deposits in June 2023. The company cited issues with service partners and subsequently 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. He was detained in February 2024 and charged 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.
The courtroom incident is another chapter in the series of issues facing Haru Invest, highlighting the seriousness of the charges against its leadership.
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