HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown

Liam ‘Akiba’ Wright

Prosecutors in South Korea have reportedly arrested three top executives of HaruInvest, a crypto deposit platform, for allegedly defrauding customers and embezzling over 1 trillion won in coins, according to Yonhap News. Just a day after a statement promising stricter screening of crypto executives was issued, the Seoul Southern District Prosecutors’ Office’s Joint Investigation Team […]

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HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown