The CEO of a South Korean cryptocurrency company was stabbed in the neck multiple times during a trial in Seoul.
The victim was Hugo Hyung-soo Lee, the CEO of Haruinvest, a South Korean cryptocurrency profit company.
This was the case in court during the HaruInvest trial, where three company executives were accused of stealing $826 million worth of cryptocurrency from about 16,000 users.
According to local media outlet Digital Asset, one of the victims of Haru Invest, a man in his 40s, suddenly jumped up from his guest seat and attempted to stab Lee in the neck with a small knife. Lee was immediately taken to the hospital.
HaruInvest suddenly suspended withdrawals on June 13, 2023. The next day, Delio, a depository and management company that held some funds in HaruInvest, also suspended withdrawals.
relevant: Durov’s phone was hacked in 2017, a year before meeting with Macron: Report
The One Day Invest Fraud Case: What We Know
South Korean prosecutors have indicted three top executives of HaruInvest for allegedly stealing about $826 million worth of digital assets from 16,000 users.
It was investigated for allegedly suspending deposits and withdrawals in June 2024 as part of a fraud case.
South Korean prosecutors arrested three executives of a cryptocurrency profit platform, including its CEO, in February 2024.
According to prosecutors, HaruInvest executives embezzled most of the coins deposited by customers between March 2020 and June 2023 by reinvesting them. They are accused of falsely advertising that Haru operated a stable business using “risk-free diversified investment techniques.”
Mr. Lee was later released in July pending trial.
relevant: Gavin Wood’s Biggest Hope: Free Cryptocurrency Trading Worldwide and Web3 Technology
Crypto Crime: From Cyber Attacks to Physical Attacks
While cyberattacks and hacks have traditionally been the biggest concerns for cryptocurrency holders, we are seeing a growing number of physical attacks against digital assets.
On August 4, a gang of four Chinese nationals broke into a gated house in Pathum Thani, Thailand, and forced the victim at gunpoint to transfer $2 million worth of cryptocurrency.
In early July, four men kidnapped a foreigner in Kiev, Ukraine, who was said to be carrying Bitcoin (BTC). The attackers strangled the victim after forcing him to transfer three Bitcoins to their own wallet.
This comes after three armed men used machetes to break into a home in London on June 17 and forced the homeowner to transfer 1,000 ether (ETH), worth $2.5 million. Fortunately, the victims suffered no physical harm.
magazine: Dorji’s ‘Algorithmic Marketplace’ Could Improve Social Media… But Why Not?