Haru Invest CEO: We are investigating the reasons behind the suspension of deposits and withdrawals in collaboration with our partner companies, and closing offline offices is to protect the safety of employees and assets

ChainCatcher news, according to Korean media reports, Haru Invest CEO Hyung-soo Lee stated regarding the platform's suspension of deposits and withdrawals, "We are investigating the cause of the issue with our partners and are developing a solution. Given that investor protection is a top priority, we cannot discuss specific partner companies because we are concerned that sensitive issues may be exposed first, leading to unresolved problems."

In response to reports about the closure of its office, Lee stated, "We believe that suspending deposits and withdrawals may pose risks to our employees, so we have transitioned to working from home and closed the office to protect its assets."

Reports indicate that Haru Invest is a virtual asset storage service launched by the Korean blockchain accelerator Block Crafters, headquartered in Singapore. Users began reporting this morning that they were unable to withdraw funds from the platform, and the scale of affected users in Korea is currently unknown. Haru Invest has not registered its business in Korea, so the country's regulatory authorities may have no power to intervene. (Source link)