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CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters

The executive was taken to hospital; his injuries are not life threatening.

Updated Aug 29, 2024, 6:58 p.m. Published Aug 29, 2024, 10:17 a.m.
16:9 South Korea flag (Daniel Bernard/ Unsplash)
16:9 South Korea flag (Daniel Bernard/ Unsplash)
  • Haru Invest CEO Hyung-soo ‘Hugo’ Lee was stabbed during his appearance in court during a trial for fraud.
  • Lee's injuries are not life threatening and the police have caught the attacker.

The CEO of South Korean crypto yield firm Haru Invest, Hyung-soo ‘Hugo’ Lee, was stabbed while appearing in court during his fraud trial, Reuters reported on Thursday.

Lee, was stabbed in the neck by a man in his 50s at the Seoul Southern District Court on Wednesday, an official at Seoul Yangcheon Police Station said, according to Reuters. Lee was taken to hospital with injuries that were not life threatening. Police have caught the attacker.

In February, three Haru Invest executives were arrested for allegedly stealing 1.1 trillion won ($828 million) worth of crypto from around 16,000 customers, local news outlets reported.

The firm paused withdrawals and deposits last year in June and said there were issues with service partners. It also fired around 100 employees near that time.








Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

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