South Korean Crypto CEO was stabbed in a courtroom during the trial of the company’s executives, accused of stealing $826M.
While he was in court in Seoul, the chief executive officer of a cryptocurrency company based in South Korea sustained several stab wounds. Hugo Hyungsoo Lee, the Chief Executive Officer of Haru Invest, a cryptocurrency-earning corporation based in South Korea, was the victim.
South Korean Crypto CEO Stabbed In Court
The South Korean crypto CEO was assaulted in the courtroom during the Haru Invest trial, in which three company executives were charged with stealing $826 million worth of cryptocurrencies from about 16,000 consumers.
The assailant, a man in his forties who was one of the victims of Haru Invest, abruptly jumped up from the guest seat and attempted to stab Lee in the neck with a little knife, as reported by the local media outlet Digital Asset.
The South Korean crypto CEO was one of Haru Investment’s victims. The hospital received Lee immediately after the incident. Haru Invest abruptly suspended withdrawals on June 13, 2023. Additionally, Delio, a depository and management company that held some monies at Haru Invest, suspended withdrawals the following day.
The Haru Invest fraud case
Prosecutors in South Korea have charged three of the top executives at Haru Invest with stealing digital assets worth around $826 million from the company’s 16,000 subscribers.
Because Lee had suspended deposits and withdrawals in June 2024, he was the subject of an investigation as part of the fraud case. In February of 2024, authorities from South Korea began the process of arresting three officials of the cryptocurrency yield platform, including the CEO.
The prosecution accuses Haru Invest executives of misappropriating the majority of customer deposited coins by reinvesting the assets between March 2020 and June 2023.
Haru’s former partners engaged in deceptive advertising by claiming that he ran a secure business using “risk-free diversified investment techniques.”The following month, in July, Lee was released from arrest, just prior to the trial
Crypto crimes: From cyber to physical attacks
As opposed to the fact that cyberattacks and hacks used to be the most significant problem for cryptocurrency users, we are now witnessing a growing number of physical attacks that are associated with digital assets.
On August 4, a group of four Chinese nationals stormed into a gated home in Pathum Thani, Thailand, and threatened the victim with a gun in order to coerce them into transferring two million dollars’ worth of cryptocurrencies.
Four individuals in Kyiv, Ukraine, took hostage a foreigner believed to be in possession of Bitcoin earlier in July. Following the victim’s strangulation, the perpetrators coerced him into transferring three bitcoins to their own wallets.
Following the incident that took place on June 17 in London, in which three armed men used machetes to break into a house and forced the owner to transfer 1,000 Ether valued more than $2.5 million, this occurrence has taken occurred.
