The South Korean court announced on Tuesday that Haru Invest CEO Lee Hyung soo is not guilty and dismissed fraud charges against him. The South Korean prosecutor initially accused the company of illegally obtaining 1.39 trillion Korean won (approximately 1.02 billion US dollars) from around 16000 investors, but later lowered the amount to 880.5 billion Korean won (approximately 650 million US dollars) in a formal lawsuit involving around 6000 investors. The prosecutor had requested the court to sentence Li Hengzhu to 23 years in prison. （TheBlock） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44109