Haru Invest Layoffs More Than 100 Employees - Coinleaks
Current Date:May 20, 2024

Haru Invest Layoffs More Than 100 Employees

South Korean crypto return platform Haru InvestIt will terminate the contracts of more than 100 of its employees.

The platform paused withdrawals and deposits earlier this month, citing issues with service partners. Commenting on the subject CEO Lee-Hyung-soo : “Due to the latest situation, normal company management is difficult. I made this decision,” he said. Lee-Hyung-soo’s parent company Block CraftersHe reportedly made a video call to inform his employees of the situation.

Lee Expresses Sadness Over The Developments

CoinDesk KoreaAccording to the news of June 22, the contracts of the employees Friday, June 23the day will end.

CEO Lee said in a June 20 statement, Haru Invest’s renewable energy company B&S Holdings He said he has taken legal action against . In the platform’s blog post on Wednesday, June 21, Lee said: “After a long consideration, I regret to inform you that we will prevent Haru Invest and its subsidiaries from further harm by minimizing their activities.”

of the platform June 13Local media reported that Haru Invest has stopped its withdrawals in . SeoulHe reported that his office in Chicago was empty because, according to Lee, employees were working from home for their own safety.