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Published August 29, 20242 min read

Cryptocurrency Chaos: Haru Invest CEO Survives Brutal Stabbing in Court

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Many believe the Web3 industry concerns financial risks, account hacks, and personal information leaks. However, the reality is much more complex. There are also physical dangers, especially considering that the world of decentralization is now closely connected with Web2, where openness and identity transparency are vital criteria for trust and integrity.

We previously discussed this topic in one of our articles about the kidnapping of an entrepreneur for Bitcoin ransom, published under the title "Cryptocurrency Nightmare: Chinese Entrepreneur Falls Victim to Abduction Plans." Physical threats have not disappeared; on the contrary, they are becoming increasingly accurate. In this article, Coinmooner wants to talk about how, on August 28, the CEO of Haru Invest, Hugo Lee, was attacked with a knife right in the courthouse. The attacker, a client of the company, was arrested on suspicion of attempted murder.

The attack was carried out by a man aged between 50 and 59, who was a client of Haru Invest. Lee suffered several stab wounds to the neck and was urgently taken to the hospital. Currently, the businessman's life is not in danger, but he will need to spend some time under medical supervision. The attacker was detained at the scene of the crime and charged with attempted murder.

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Unraveling the Haru Invest Debacle: Hugo Lee’s Dark Turn in Court

Coinmooner decided to investigate this case to share the most interesting facts with our readers. At this point, it’s unclear what exactly drove the attacker to take such a desperate step, but there’s speculation that it might have been revenge for lost money. The question remains as to how the criminal managed to bring a weapon into the courtroom, bypassing the security system with metal detectors, adding more mystery to this incident.

The case of Hugo Lee became even more complicated when it was revealed that in February 2024, Lee and two other directors of Haru Invest were arrested on fraud charges. According to information provided by law enforcement and available from public sources, from March 2020 to June 2023, they attracted about 16,000 investors, with total assets valued at approximately 1.4 trillion won. Haru Invest promised its clients up to 12% annual returns, but after they collected significant amounts, the company suddenly disabled the withdrawal option, leaving investors with nothing.

It’s worth noting that in July, Hugo Lee was released on bail, meaning that after completing his hospital treatment, he won’t be taken into custody. However, if the court finds him guilty, he could face up to 10 years in prison and a fine of up to 20 million won.

This terrible incident serves as a reminder of how important it is to remain vigilant, both online and in real life. Coinmooner will continue to follow the development of this case and will quickly let our readers know of any new details. We also want to remind everyone that in the Web3 industry, besides physical dangers, online fraud schemes are widespread. Therefore, using advanced protection methods to secure your data and finances from potential cyberattacks is crucial.

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