According to media reports, citing sources inside the company, the Haru Invest platform had unexpected problems with its service partners. Haru CEO Lee Hyung-soo declined to give journalists the name of the problematic partner and said he is investigating the sensitive issue and preparing contingency plans.<br
Haru Invest is known to have provided virtual asset custody services and also attracted deposits at above-market terms. The official website claims that the company has served more than 80,000 users in 140 countries.
“We are investigating the cause of the problem with our partners and working to resolve it, where investor protection remains a top priority. Now, we can’t talk about specific partner companies for fear that it hinders the solution to the problem. In order to protect our users’ assets, we have made the tough decision that any deposit and withdrawal requests will be suspended until further notice,” said Haru’s CEO.
Commenting on the company’s office closures, Lee said the community’s reaction to the suspension of Haru’s operations may be inadequate and put the safety of employees at risk. So the company temporarily moved employees to work from home.
Earlier, the South Korean police announced the liquidation of two fraudulent cryptocurrency schemes, the organizers of which managed to swindle about $360 million from investors.<br