- RECUR, an NFT brand experience company, will halt its use of the RECUR platform beginning November 16.
- Earlier, Paramount had partnered with RECUR to create the fan-focused #NFT #marketplace Paramount.xyz.
- Haru Invest's CEO, Hugo Lee, has communicated to members that the current #recovery process for certain #assets is not effectively aligning with the timing and methods desired by most members.
- Some companies identified by creditors for asset recovery aren't actively operational or holding member assets, according to Lee.
- Lee intends to present #essential factual confirmations through court procedures to clarify this matter.
- Detailed information about these facts will be shared during the September 7 inquiry day, including Haru Invest's thoughts on asset distribution strategies.
- Lee emphasized the separation of customer allocation assets from company operating expenses since the suspension of withdrawal services on June 13.
- The company's operations have stopped, expenses have been restricted, and assets have been depleted.
- Assets assigned to members are being managed independently, and external management partners are handling the recovery process.
- Haru Invest is collaborating with investigative agencies to recover B&S Holdings assets, which is expected to take a significant amount of time.
- Despite challenges, the company will continue to cooperate with investigative agencies.
- The previously announced asset allocation plan (recovered assets via installment payments) remains possible after explaining the settlement process to the court and completing subsequent stages of progress.