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Crypto CEO Stabbed in Courtroom During Fraud Trial

29.08.2024 11:00 1min. read Alexander Stefanov
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Crypto CEO Stabbed in Courtroom During Fraud Trial

Hugo Hyungsoo Lee, CEO of Haru Invest, was attacked in a Seoul courtroom while his company faces serious fraud allegations.

Lee was stabbed multiple times in the neck by an individual who was a former client of Haru Invest.

The assault occurred during a trial in which Lee and other executives are accused of embezzling $826 million in cryptocurrency from around 16,000 users. The attacker reportedly used a small knife to strike Lee before he was quickly taken to the hospital.

Earlier in June 2023, Haru Invest had abruptly halted all withdrawals, a move that led to further complications with other financial institutions holding funds with the company.

The ongoing case involves charges against Haru Invest’s top executives for allegedly misusing customer funds, which they reportedly reinvested instead of managing as promised.

The executives, including Lee, were arrested in early 2024 and faced serious allegations of financial misconduct.

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