Crypto CEO Stabbed Multiple Times During Trial Involving Alleged $826M Embezzlement - Decrypt
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In South Korea on Wednesday, the CEO of crypto firm Haru Invest was attacked while attending his trial for alleged fraud totaling more than $800 million. Hugo Hyungsoo Lee was stabbed multiple times in the neck by a man described by local media as being in his 50s and was immediately taken to hospit
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- In South Korea on Wednesday, the CEO of crypto firm Haru Invest was attacked while attending his trial for alleged fraud totaling more than $800 million.
- Hugo Hyungsoo Lee was stabbed multiple times in the neck by a man described by local media as being in his 50s and was immediately taken to hospital for treatment.
- The injuries he sustained were reportedly none life-threatening. The attacker was reportedly a former customer of Haru Invest.
- Lee was one of three executives arrested for fraud in February of this year on charges of embezzlement involving 1 trillion won worth of crypto.
- According to the prosecution, the executives were accused of taking deposits from around 16,000 customers between March 2020 and June 2023 and then investing them whole, allegedly falsely advertising that they were “operating them stably using a risk-drive diversified investment technique.”
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