TechFlow news: South Korean prosecutors have issued an arrest warrant for Bang, a key figure in the investigation into the withdrawal suspension at Delio and Haru Invest. Bang is reportedly the major shareholder of B&S Holdings. Delio suspended user withdrawals on June 14, 2023, after its partner Haru Invest abruptly halted deposits and withdrawals. Haru filed a criminal complaint against B&S Holdings, accusing it of deceiving the company by providing false management reports. Bang faces arrest over charges of fraud and breach of contract. Following customer complaints from Delio and Haru users, prosecutors have restricted relevant individuals from leaving the country. Seoul Southern District Court has not yet commented.
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