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.

READ MORE:

Crypto Scams Hit Australians Hard, New Report Shows

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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.