Policy, South Korea, Haru make investments The CEO of South Korea’s Haru Invest was stabbed in courtroom throughout his fraud trial in August 2024.
A South Korean man who attacked the CEO of collapsed crypto agency, Haru Invest, is now dealing with a possible decade behind bars, according to local media reports.
Prosecutors in Seoul have requested a 10-year jail sentence for somebody native media is simply figuring out by his final identify Kang, a man in his 50s who stabbed Haru Invest CEO Lee Hyung-soo during a court hearing last year.
Haru Invest paused withdrawals in 2023, citing companion points, with out giving a selected motive, earlier than its executives were arrested in 2024 for allegedly stealing $828 million in buyer funds.
Kang’s protection argued that he had no intent to kill, noting that he didn’t goal a deadly space and acted in a second of maximum emotional misery after dropping 100 BTC (price $8.3 million) as a result of Haru Invest’s collapse.
His legal professionals pushed for a diminished cost of aggravated assault slightly than tried homicide, citing his extreme monetary and psychological hardship.
Ahead of the listening to, the native media reported that Haru Invest Victims’ Association held a press convention demanding Kang’s launch, arguing that fraud victims like him have been being handled unfairly whereas executives accused of embezzling lots of of tens of millions of {dollars} walked free on bail.
Kang is due again in courtroom on April 4 for sentencing.
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