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October 15, 2026 2:17 am
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South Korean prosecutors have again sought a 23-year prison term for the head of Haru Invest in an appeal trial tied to fraud charges involving 880 billion won ($630 million), Digital Asset reported.
At a final appeal hearing in the Haru Invest fraud case held on Oct. 14 at the Seoul High Court’s seventh criminal division, prosecutors requested the same 23-year sentence as in the first trial for the executive identified only by the surname Lee, according to the report. The appeal verdict is scheduled for 5:00 a.m. UTC on Dec. 16.