A South Korean man faces 10 years in prison for stabbing a cryptocurrency CEO during a fraud trial

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Bitget2025/03/19 05:50

The South Korean prosecution has requested a court to sentence a man to 10 years in prison for stabbing the CEO of HaruInvest, a South Korean cryptocurrency custody company, during a court hearing in August 2024.

The Southern Seoul District Prosecutor's Office confirmed to The Block that they made the sentencing request at the final hearing of the courtroom attack case on Wednesday, considering the severity of the crime.

The attacker, identified as Mr. Kang (phonetic translation), aged 51, stabbed Lee Kyung-soo, CEO of Haru Invest multiple times in his neck with a fruit knife. Lee was quickly taken to hospital but his injuries were not life-threatening. This incident occurred while Lee was appearing in court on multiple fraud-related charges.

According to prosecutors, from March 2020 until June 2023, Haru Invest attracted about 16 thousand investors both domestically and internationally by promising returns on principal and paying up to 16% interest despite being capital impaired since 2019.

On June 13th ,2023 ,Haru Invest suddenly suspended deposit and withdrawal services and declared bankruptcy last November.

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