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Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest, a prominent investment firm, has released an update regarding the ongoing investigation into B&S Holdings and its efforts to recover assets. The company has been fully cooperating with investigative authorities, although no specific details about the progress of the investigation have been disclosed yet.

Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution

Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution

Haru Invest CEO Hugo Lee has raised concerns over the company's corporate rehabilitation application, stating it doesn't represent all members' interests and doesn't benefit Haru Invest or the targeted entity. He plans to prioritize asset recovery from other management companies for member distribution.

Haru Invest CEO Apologizes and Assures Transparent Actions in Response to Recent Incident

Haru Invest CEO Apologizes and Assures Transparent Actions in Response to Recent Incident

In a letter to Haru Invest members, CEO Hugo Lee extended a sincere apology for the concerns arising from a recent incident and acknowledged the need for prompt communication.

Haru Invest Addresses Rehabilitation Procedures and Asset Recovery Concerns

Haru Invest Addresses Rehabilitation Procedures and Asset Recovery Concerns

On August 20, 2023, Hugo Lee, the CEO of Haru Invest, released an official statement addressing the concerns and questions raised by its members. Lee emphasized that Haru Invest is not evading accountability and remains committed to the efficient recovery of members' assets.

Haru Invest Continues Asset Recovery Efforts

Haru Invest Continues Asset Recovery Efforts

In an announcement on July 14, 2023, the company stated it is actively communicating with asset managing partners both domestically and internationally to recover assets under management. The firm is also considering the sale of company assets to minimize the loss of value.

Crypto Lending Platform Sandbank Temporarily Suspends New Deposits and Investment Features in Response to Crypto Market Challenges

Crypto Lending Platform Sandbank Temporarily Suspends New Deposits and Investment Features in Response to Crypto Market Challenges

Sandbank, a leading crypto lending and investment platform, has announced its temporary suspension of new deposits and investment features in response to the challenges and uncertainties prevailing in the crypto market.

Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

South Korean prosecutors have detained three Haru Invest executives for allegedly embezzling $826 million worth of cryptocurrencies from 16,000 users, highlighting regulatory scrutiny over crypto lending practices.

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

CEO of Ark Invest Cathie Wood predicts that more firms will onboard the institutional wave backing Bitcoin, which will consequently drive up BTC's price.

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.

ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition

ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition

Cathie Wood, the CEO of Ark Invest who made a bullish prediction on Tesla when Wall Street was skeptic, has made yet another one – and it’s on Bitcoin.

Jim Cramer Says it is Still Not Too Late to Invest in Bitcoin as BTC Price Surges Toward $20,000

Jim Cramer Says it is Still Not Too Late to Invest in Bitcoin as BTC Price Surges Toward $20,000

In his Twitter post On Nov. 24, Cramer stated that he thinks that it is not too late to invest in Bitcoin, despite the crypto rallying to new highs.

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

According to a survey, about 70% of financial executives said that they are watching closely what others are doing with Bitcoins and they would still like to hear more from regulators about the digital currency before allocating a portion of their company's cash reserves to the cryptocurrency.

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.

UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals

UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals

The UK tax authority HM Revenue and Customs (HMRC), is looking for an analytics tool using blockchain to enhance the process of identifying criminals who are trading in cryptocurrencies online.

Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin

Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin

After several speculations have been made regarding which companies would emulate Tesla’s Bitcoin strategy, Billionaire Tim Draper predicts Netflix may be the next big BTC investor.

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Market analyst Lark Davis sees cryptocurrencies as game-changers as they enable anyone to participate in early-stage financial ventures previously only reserved for the rich.

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