On August 28, 2024, Hugo Hyungsoo Lee, CEO of South Korean crypto yield platform Haru Invest, was brutally attacked in Courtroom No. 306.
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 emergency services. 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 known for offering double-digit yields on crypto deposits, has been under severe scrutiny since pausing withdrawals and deposits in June 2023. The company cited issues with service partners and subsequently fired around 100 employees. There are suspicions that Haru Invest might have been involved in a 'rug pull' scam. Prosecutors claim that Haru Invest executives misused customer deposits while advertising their investment techniques as 'risk-free.'
Hugo Lee’s Troubles
Hugo Lee was arrested 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 evolve, with Haru Invest and related companies like Delio under investigation.
The courtroom attack adds a new element to the already complicated legal situation surrounding Haru Invest and its CEO Hugo Hyungsoo Lee. The investigation is ongoing, with the public closely watching the developments.
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