The South Korean prosecution has issued arrest warrants for key figures in the investigation into the withdrawal suspension of Delio and Haru Invest

ChainCatcher news, according to The Block, South Korean prosecutors have issued an arrest warrant for Bang, a key figure in the investigation into the suspension of withdrawals by Delio and Haru Invest. Bang is reportedly a major shareholder of B\&S Holdings.

It is reported that Delio suspended user withdrawals on June 14, 2023, due to Haru Invest, which it partnered with, suddenly halting deposits and withdrawals. Haru filed a criminal complaint against B\&S Holdings, accusing it of deceiving the company by providing false management reports. Bang faces arrest on charges of fraud and breach of contract. After complaints from Delio and Haru's clients, prosecutors prevented related personnel from leaving the country. The Seoul Southern District Court has not yet commented.