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Victim stabs Haru Invest CEO with a knife to vent anger after being scammed out of 100 BTC with a 16% annualized return; prosecution seeks a 10-year sentence.
In August last year, the CEO of South Korean virtual asset custody company Haru Invest, surnamed Lee, was attacked with a knife in court by a 51-year-old victim surnamed Kang who was in court on suspicion of misappropriating about $826 million worth of digital assets from more than 16,000 users. Now, in today's final trial, Jiang has been sentenced to 10 years in prison by South Korean police on charges of attempted murder and court disturbance. (Synopsis: Cutting leeks to provoke resentment? Haru Invest's CEO "Blood Spatter Court" was attacked by a victim and involved in embezzlement of 826 million magnesium deposits) (Background supplement: South Korean hosting platform Haru broke shady again!) Partner B&S Holdings has zero revenue for two years and negative assets) Hugo Hyungsoo Lee, CEO of South Korean virtual asset custody company "Haru Invest", which was detained and prosecuted by South Korean prosecutors on fraud charges last February, was attacked with a knife by a 51-year-old victim surnamed Kang who was an observer and stabbed several times in the neck when he appeared in court last August. He was immediately rushed to the hospital. And Jiang was arrested by the Seoul police after the crime. South Korean police ask court to resentence 10 years in prison Today, there are new developments in the whole incident, according to The Block, South Korean Seoul police, considering the seriousness of knife killing, in the final trial of today's "murder weapon assault case", asked the court for a heavy sentence of 10 years in prison for attempted murder and disturbing the court, citing "the seriousness of the crime in this case and the evil criminal means." However, Jiang's defense lawyer said in court that the serious financial loss caused Jiang to have an emotional outburst and committed the crime on impulse, adding that his crime should be regarded as an aggravated assault rather than an attempted murder. It is understood that Jiang lost 100 bitcoins in this "Haru incident", which translates to a current price of about $8.3 million. In addition, the entire verdict will be held on April 4 at 10:30 a.m. local time in South Korea. Haru Invest declared bankruptcy last November According to previous reports, Haru Invest's products advertise that as long as they deposit Bitcoin, Ether or USDT, they can provide up to 16% annual interest rate returns, attracting a large number of users to deposit. The South Korean-based, Singapore-based platform claims on its website that it has about 80,000 members in 140 countries and more than $2 billion in assets under management. But in June 2023, Haru Invest suddenly suspended deposits and withdrawals, dumped pots on partners, sparked customer panic, prosecutors immediately banned the company's top management from leaving the country and launched an investigation, and in February last year formally detained and prosecuted three of the company's executives for fraud under the Aggravated Punishment for Specified Economic Crimes Act, and prosecutors alleged that the three stole about 1.1 trillion won (about $826 million) worth of cryptocurrency from about 16,000 users. After that, Haru Invest also declared bankruptcy last November. Related stories In Search of the God of Bitcoin: A Reporter's Fifteen Years of Long Investigation into Satoshi Nakamoto Cathie Wood: Meme coins will eventually be "worthless" to know the pain! Bitcoin looks up to $1.5 million in 2030 The United States has entered the era of "fixed investment bitcoin reserves"? North Carolina bill "10% fund buys BTC", cold wallets are not allowed to sell "100 BTC defrauded for 16% annualized" victim stabbed Haru Invest CEO with a knife to vent his anger, and prosecutors asked for 10 years in prison" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".