Haru Invest CEO Addresses Concerns and Recovery Efforts

Haru Invest Addresses Concerns and Questions from Members

On August 20, 2023, Hugo Lee, the CEO of Haru Invest, released an official statement addressing the concerns and questions raised by its members. Lee emphasized that Haru Invest is not evading accountability and remains committed to the efficient recovery of members’ assets. He also clarified that the rehabilitation procedure requested by some members is deemed ineffective for the majority’s asset distribution needs.

Key Points:

Haru Invest faced challenges in June 2023, suspending new deposits and investment features due to crypto market uncertainties.
Legal action was initiated against B&S Holdings for alleged fraud and embezzlement.
Haru Invest is actively working to recover assets from B&S Holdings in collaboration with investigative agencies.
The company is considering strategies for efficient and equitable asset distribution.
Haru Invest is addressing member inquiries and returning entrusted assets without detected losses.

Efforts to Recover Assets and Improve Situation

Haru Invest is actively collaborating with investigative agencies to recover assets from B&S Holdings. Hugo Lee acknowledges that the process may be lengthy but assures members that the company is committed to the efficient recovery of their assets. Haru Invest is also considering various strategies for ensuring equitable asset distribution.

In response to member inquiries, Haru Invest has confirmed that assets entrusted to internal teams and other partners are being returned without any detected losses. The company is also exploring the possibility of selling company assets to cover losses and has taken steps to reduce operating costs.

Hugo Lee’s Commitment to Transparency

Hugo Lee expresses regret for any inconvenience caused to investors and reassures members that Haru Invest will continue to provide updates and address concerns transparently. The company remains dedicated to improving the situation and ensuring the efficient recovery and distribution of members’ assets.

Hot Take: Haru Invest’s proactive approach in addressing member concerns and their commitment to transparent communication are positive steps towards rebuilding trust and recovering assets. However, the length of the asset recovery process may still pose challenges. It will be crucial for Haru Invest to continue providing regular updates to keep members informed and maintain transparency throughout the process.