Haru Invest, a Singapore-based crypto investment platform founded in South Korea, has decided to suspend all deposit and withdrawal requests until further notice.
Crypto Investment Platform Haru Invest Suspends Deposit And Withdrawal Requests
The suspension was implemented as of today following an issue the platform encountered with one of its service partners.
In a statement, Haru Invest acknowledged the problem and assured its users that it is actively investigating the issue with the service partner in question.
The platform is also working to develop a contingency plan to remedy the situation and protect assets under its custody.
The decision to suspend deposit and withdrawal requests was made primarily to protect users' assets.
Haru Invest understands the importance of maintaining the security and integrity of the funds entrusted to its platform, and this difficult decision was taken to ensure the safety of user assets during this period of investigation and resolution.
“Recently, we ran into a specific issue with one of the service partners we work with,” said the Singapore-based crypto investment platform based in South Korea.
"We are currently further investigating the issue with them and looking for a contingency plan to remedy the situation."
"In order to protect our users' assets under our custody, we have made the difficult decision that any deposit and withdrawal requests will be suspended until further notice," he said.
Users should follow the platform's announcements and updates for information regarding the resumption of normal operations.
*Not investment advice.
