South Korean authorities arrested 3 executives who are thought to have committed $826 million in cryptocurrency fraud.
with South Korean prosecutorsr Monday, February 5 The company, including two co-CEOs of crypto yield platform Haru Invest, said in a statement today. They detained three executives announced.
In the statement made by the prosecutor’s office, this 3 people with the promise of high returns by defrauding investors $826 million from 16,000 users It was claimed that they stole worth of crypto money. During the years when Haru Invest was actively operating Earn Plus through the product Up to 12% return He was offering the promise.
Haru Invest has also been at the center of accusations of misleading investors into an inauthentic investment instrument and deliberately engaging in false advertising.
Both Haru Invest and cryptocurrency lending platform Delio On June 14, 2023 He was on the authorities’ radar after they suddenly suspended withdrawals. Delio cited Haru’s suspension of withdrawals as the reason for stopping the withdrawals.