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