He Promised High Returns, Faced a Knife Attack, Then Walked Free: Haru Invest CEO Not Guilty of Fraud — What About the Victims?
A South Korean court has cleared Haru Invest CEO Lee Hyung-soo of fraud, ruling that the platform’s collapse was due to mismanagement and external market shocks, not criminal intent. Although Lee and other executives avoid prison, they still face civil claims as investors suffered major losses from the company’s sudden shutdown in 2023.
