19 March 2025
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South Korean Man Faces 10-Year Sentence for Stabbing Haru Invest CEO
A South Korean man, identified only as Kang, is facing a potential 10-year prison sentence for stabbing the CEO of Haru Invest, Lee Hyung-soo, during a court hearing. Prosecutors in Seoul have requested this sentence following the attack that occurred last year.
- Haru Invest paused withdrawals in 2023 due to partner issues and executives were arrested in 2024 for allegedly stealing $828 million in customer funds.
- Kang's defense argues he did not intend to kill and acted out of emotional distress after losing 100 BTC (approximately $8.3 million) due to the firm's collapse.
- His lawyers are seeking a reduced charge of aggravated assault instead of attempted murder, citing his financial and psychological hardships.
- The Haru Invest Victims’ Association held a press conference advocating for Kang’s release, claiming fraud victims are treated unfairly compared to the accused executives.
- Kang's next court appearance for sentencing is scheduled for April 4.