Haru Invest Reported B&S Holdings Scam Causing The Company To Stop Working

Key Points:

• Haru Invest is currently working with B&S Holdings, one of its consignment operators, for fraudulently providing management reports containing false information.
• Earlier, the crypto company announced the suspension of the deposit and withdrawal portal.
• Delio, another partner of Haru’s, is also currently affected.

On June 14, crypto trading platform Haru Invest issued another announcement saying that its operator B&S Holdings (formerly known as Aventus), provided management reports containing false information in a counterfeit manner, thus deceiving the judgment of the company and users.

Previously, Haru Invest suddenly announced the suspension of the deposit and withdrawal gate, in addition, the Korean headquarters office was also empty.

On June 13, the company posted a notice on Twitter about the suspension of deposit and withdrawal services. The reason given by the team was that some insider information was misreported, causing the platform to immediately close the service to protect customers.

Although it did not specify that information, Haru Invest confirmed that the rumors about the user “rug pull” project are not true. In addition, Haru said that it is focusing on solving the problem and will release an update as soon as possible.

Before making the official announcement, the project is said to have closed all social networking sites. The office in Seoul is also empty, CEO Hyung-soo Lee explained this is for the safety of employees.

After the latest notice to users, Haru Invest decided to take legal action immediately.

In addition, the company has filed criminal proceedings against B&S Holdings today and plans to file civil proceedings. It is currently in discussions with B&S Holdings on the issue.

Haru Invest is a cryptocurrency trading platform founded in South Korea with over 80,000 employees in over 140 countries. On the website, Haru promotes the product Earn Plus with a yield of up to 12%.

Delio, another Lending platform involved in this event, announced the suspension of withdrawals as of June 14. The reason for this is because the project has been transferred by partner Haru Invest. Delio is committed to finding all solutions to protect the interests of customers and updating the latest information on the situation as well as solutions. The crypto lending company is said to be managing nearly $1 billion in Bitcoin users in South Korea.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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