Haru Invest, a CeFi platform accused of a 1.4 trillion won crypto scam, is now bankrupt. A trustee-led creditor meeting on February 11, 2025, will decide asset allocation.
1.4 Trillion Won Crypto Scam: Haru Invest Files for Bankruptcy, Asset Distribution Planned Next Year
lol this scam’s messy. im thinkin creditors might get a bit back but full recovery? not likely. really a wakeup call about trusting ceFi platforms in the first place.
hey everyone, i gotta say this whole debacle is really makin me question how safe we’re really in the ceFi world. im wonderin, with a 1.4 trillion won scandal on the table, will new regulatory frameworks start coming in to save the day or are we just destined for more of the same recurring issues? i mean, the trustee-led process might bring some order, but do we think it’s enough to ultimately rebuild trust? im supercurious about what yall think regarding the long-term impacts on crypto as a whole and whether such events can actually pave the way for stricter oversight. curious to hear ur insights and any similar experiences yall might have come across!
hey guys, this story really got me thinkin, it’s kinda wild to see such a massive scam unfold in the crypto space. i mean, 1.4 trillion won?? how do you even begin to figure out what happens next? im wonderin what kinda impact this will have on trust in ceFi platforms. even though a trustee is steerin the ship now, do u think the creditors will actually end up recoupin some of their money or will it be another dead-end for many? also, what does this mean for how we view crypto investments overall? keen to hear ur thoughts on how such a scenario could alter the landscape for better or worse.
The unfolding case clearly underlines the complexity and risks inherent in CeFi platforms. My experience has taught me that bankruptcy proceedings involving such large sums rarely conclude with satisfactory outcomes for creditors. While the trustee-led approach aims to ensure an orderly process, it may not necessarily translate into significant recoveries for investors. This incident should encourage investors to scrutinize platform credibility more rigorously and consider the potential pitfalls of centralized management in the crypto ecosystem.