Investors have sued Haru Invest and Delio as well as B&S, alleging that the firms' management breached the Capital Market Act. 📝 Losses from the breach are estimated to be up to $230 million, while recoverable assets may be less than half of that. 😬

Lawyer Lee Jeong-yeop, who is representing the victims, said that the situation is unique as "the receivable collection rate in the case of Haru and Delio is remarkably low compared to other cases." 📉

With Delio not properly handling client assets and Haru Invest facing legal processes in Korea, the future of these companies remains uncertain. 👀 The recent suspension of payments and withdrawals on Delio's platform also raises further concerns about their operations and integrity. 😟

As always, do your research before investing! 🧐📚

Harold

Coincu News