The lawsuit against Haru Invest and Delio, following their 'withdrawal suspension,' expands overseas.
Legal action by investors related to the withdrawal suspension of Haru Invest and Delio is expected to expand beyond domestic investors to include foreign investors as well. Decent Law Firm, a law firm specializing in virtual assets and startups, is preparing a collective legal response for foreign investors affected by the Haru Invest and Delio crisis.
According to the virtual asset (cryptocurrency) industry on the 16th, Decent Law Firm announced through social media the day before, "We have gathered to represent Haru Invest and Delio users who wish to recover their assets through legal procedures," adding, "Regardless of whether you reside in Korea, you can participate in individual or group lawsuits or seek redress through a collective lawsuit."
Decent Law Firm, founded last year, provides specialized legal services in the digital asset sector, including virtual assets, NFTs (non-fungible tokens), tokens, fractional investments, asset management, and exchanges.
Hyeonsu “Elliot” Jin, managing partner at Decent Law Firm, stated, "After posting the announcement last night, we received many inquiries and applications by early morning."
He further explained, "Around 10 people from countries like Australia, France, Canada, and the United States have contacted us directly through our website, email, and Telegram." Jin added, "One of the investors mentioned they had invested about 7 billion KRW (approximately 22 Bitcoins)."
Most of the inquiries received by Decent Law Firm so far are from investors related to Haru Invest. Jin said, "Most of the inquiries have been regarding Haru Invest," and noted, "While Delio seems to have many domestic investors and institutional investors, Haru Invest appears to have a significant number of foreign investors as well."
Haru Invest is a virtual asset management company established by the domestic blockchain accelerator Blockcrafters. The company is registered in Singapore and has a Korean branch, Haru Invest Korea. According to its website, Haru Invest has secured over 80,000 members from 140 countries.
Jin added, "We will need to keep an eye on the situation," and further mentioned, "We will serve as a communication channel for foreign investors who are not aware of the ongoing situation in Korea."
