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Singapore
01 Sep 2019 (6 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Haru
Company Information
Get to know Haru
Haru Invest, operated by the South Korean company Block Crafters, was a centralized crypto finance platform launched in 2019. Its mission was to provide stable and high-yield investment opportunities for cryptocurrency holders globally. The platform offered various "Earn" products, allowing users to deposit cryptocurrencies like Bitcoin, Ethereum, and USDT to generate interest rates significantly higher than traditional finance. However, in June 2023, the company abruptly suspended all deposits and withdrawals, citing issues with a service partner. This event led to the company filing for rehabilitation proceedings in a South Korean court, and its key executives were subsequently arrested and investigated by prosecutors on charges of fraud and embezzlement.
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