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Haru Invest Update: Recovering Assets, Debts, and Losses in the Wake of B&S Holdings Investigation

Update on Haru Invest’s Efforts to Recover Assets

Haru Invest, the troubled crypto investment platform, has provided an update on its ongoing efforts to recover assets and address issues arising from the investigation into B&S Holdings. The company is actively communicating with asset managing partners to recover assets under management and considering the sale of company assets to minimize losses.

Main breakdown of key points:

  • Haru Invest is communicating with asset managing partners to recover assets
  • The company is considering the sale of assets to minimize losses
  • Haru Invest is organizing a database to clarify user credits and debts
  • The company plans to distribute assets in phases once the losses are confirmed
  • Weekly updates will be provided to members, even if there are no major updates

The company has been fully cooperating with investigative authorities but has not disclosed specific details about the progress of the investigation. Haru Invest has committed to providing weekly updates to its members and has temporarily suspended new deposits and investment features in response to challenges in the crypto market.

CEO Hugo Lee extended a sincere apology for the concerns arising from the incident and emphasized the company’s commitment to transparently sharing the current situation and progress with members through continuous communication channels.

Hot Take

Haru Invest’s update shows their dedication to recovering assets and addressing the issues caused by the investigation into B&S Holdings. While the specific timeline for asset distribution is still uncertain, the company’s commitment to providing regular updates and cooperating with authorities is reassuring. Haru Invest’s focus on transparent communication is a step in the right direction to regain the trust of its members.

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Haru Invest Update: Recovering Assets, Debts, and Losses in the Wake of B&S Holdings Investigation