According to Haru Invest’s latest update, it has received numerous inquiries in recent weeks from concerned members about the state of its assets and the company’s plans moving forward. In response to these inquiries, Haru Invest has released an official statement addressing the most common questions and concerns raised by its valued clients.

One of the main concerns raised by members relates to the extent of the losses suffered at B&S, a partner asset management firm entrusted with the Haru Invest funds. Haru Invest recognizes that determining the exact amount of losses in B&S remains an ongoing process. However, they assure their clients that they are working diligently to assess the remaining assets and will provide a full update as soon as the exact amount is known.

In addition, Haru Invest clarifies that assets entrusted to internal asset management teams and other partners are being returned. At present, no losses have been detected in these areas. Once all the assets under management have been returned and the credits and debts formalized, Haru Invest will be able to contribute an approximate percentage of losses.

Addressing concerns about the distribution of remaining assets, Haru Invest outlines its plan to sequentially return assets under the management of each management team. However, given the complexity of the process, the exact schedule for distributing the remaining assets is currently uncertain. Haru Invest is considering multiple distribution rounds and promises to provide a more detailed plan as legal proceedings progress.

Haru Invest also acknowledges inquiries about the Earn Plus and Earn Explore distribution plans. They state that providing a clear answer is challenging at this stage, as the size and percentage of investment losses have yet to be finalized. However, Haru Invest assures its clients that they will be informed immediately once a decision has been made, taking into account both the legal process and the distribution of the client’s assets.

In response to questions about the receivership and sale, Haru Invest confirms that its priority is to recover and return client assets. They also contemplate selling the company’s assets to cover losses. In addition, Haru Invest is actively taking steps to reduce operating costs, thereby preventing further asset losses and exits.

Finally, clients seeking reassurance regarding their loss compensation ask if they should take legal action. Haru Invest clarifies that they are currently reviewing and preparing measures to return client assets. They stress that not filing a lawsuit will not prevent clients from receiving compensation as long as their legal rights are recognized.

As previously reported, in a letter to members of Haru Invest, CEO Hugo Lee expressed “regret for the delays in updating clients, Lee clarified that the focus was initially on assessing the extent of the damage and formulating recovery plans.” He stressed the company’s commitment to share the current situation and progress with members through continuous communication channels.”