{"id":333945,"date":"2023-06-13T22:34:34","date_gmt":"2023-06-13T21:34:34","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=333945"},"modified":"2023-06-13T22:37:06","modified_gmt":"2023-06-13T21:37:06","slug":"haru-halts-withdrawals-and-deposits","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/","title":{"rendered":"Haru halts withdrawals and deposits"},"content":{"rendered":"

Haru Invest, a South Korean interest-bearing crypto platform, said on June 13<\/a> that it has halted deposits and user withdrawals.<\/p>\n

User access to funds suspended<\/h2>\n

Haru said that it was necessary to halt transactions in order to protect investors following a business error. It did not state when it might reopen deposits and withdrawals.<\/p>\n

The company explained that it decided to halt services after finding that information provided by a partner \u2014 specifically a consignment operator \u2014 was false. It said that it is now investigating the operator and said that it plans to take “necessary measures.”<\/p>\n

Haru attempted to reassure users that rumors, such as suggestions that company members have performed a rug pull scam<\/a>, are inaccurate.<\/p>\n

Community members noted that the company has deleted its YouTube and LinkedIn profiles, something that Haru did not admit to in its announcement.<\/p>\n

Other companies halted services in 2022<\/h2>\n

Several other crypto platforms that offered lending or interest-bearing features halted user withdrawals beginning in the summer of 2022. Celsius<\/a>, Voyager Digital<\/a>, Babel Finance, CoinFlex<\/a>, and BlockFi<\/a> were among the companies to halt withdrawals around that time. Many of those companies later filed for bankruptcy.<\/p>\n

Haru has not provided an explanation for the service halt. The company reports less than $1 billion<\/a> in assets under management.<\/p>\n","protected":false},"excerpt":{"rendered":"

Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals. User access to funds suspended Haru said that it was necessary to halt transactions in order to protect investors following a business error. It did not state when it might reopen deposits and withdrawals. The […]<\/p>\n","protected":false},"author":1403,"featured_media":287462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35372],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nHaru halts withdrawals and deposits<\/title>\n<meta name=\"description\" content=\"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Haru halts withdrawals and deposits\" \/>\n<meta property=\"og:description\" content=\"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-13T21:34:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-13T21:37:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/closed.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},\"headline\":\"Haru halts withdrawals and deposits\",\"datePublished\":\"2023-06-13T21:34:34+00:00\",\"dateModified\":\"2023-06-13T21:37:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\"},\"wordCount\":212,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Investments\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\",\"url\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\",\"name\":\"Haru halts withdrawals and deposits\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2023-06-13T21:34:34+00:00\",\"dateModified\":\"2023-06-13T21:37:06+00:00\",\"description\":\"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Haru halts withdrawals and deposits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582\",\"name\":\"Mike Dalton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"caption\":\"Mike Dalton\"},\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Haru halts withdrawals and deposits","description":"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/","og_locale":"en_US","og_type":"article","og_title":"Haru halts withdrawals and deposits","og_description":"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.","og_url":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/","og_site_name":"CryptoSlate","article_published_time":"2023-06-13T21:34:34+00:00","article_modified_time":"2023-06-13T21:37:06+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/closed.jpg","type":"image\/jpeg"}],"author":"Mike Dalton","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Mike Dalton","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person","name":"Mike Dalton","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","caption":"Mike Dalton"},"jobTitle":"Former Journalist","description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"}},"headline":"Haru halts withdrawals and deposits","datePublished":"2023-06-13T21:34:34+00:00","dateModified":"2023-06-13T21:37:06+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/"},"wordCount":212,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Investments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/","url":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/","name":"Haru halts withdrawals and deposits","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2023-06-13T21:34:34+00:00","dateModified":"2023-06-13T21:37:06+00:00","description":"Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/haru-halts-withdrawals-and-deposits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Haru halts withdrawals and deposits"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582","name":"Mike Dalton","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","caption":"Mike Dalton"},"description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/333945"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1403"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=333945"}],"version-history":[{"count":18,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/333945\/revisions"}],"predecessor-version":[{"id":333966,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/333945\/revisions\/333966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/287462"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=333945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=333945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=333945"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=333945"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=333945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}