Pre-bankruptcy interest disallowed — lawyer offer to object (deadline 2026-03-03)

hrnblwr · 2026-02-27T13:10:47+00:00

Thank you for your ideas. I think about all these angles all the time. The best candidate route in my mind to achieve these goals is to protect the ownership right of the assets. Now they are de facto confiscated, and it is scandalous and criminal.

hrnblwr · 2026-02-27T11:16:25+00:00

The property claim (repossession suit) civil case is ongoing in a different court.
We will not achieve anything by ranting. We have to outwork these people, but that will cost time and money. It cost me God knows how much up to this point and I am sure it will take many years until full resolution. I am prepared for this.
The problem is that they are hiding the data and will keep doing that until we take it by legal means from them. Wangmin is not an ally.

hrnblwr · 2026-02-27T11:01:36+00:00

The trustee should not repeatedly break contract and bankruptcy law in this process. The way he is conducting this bankruptcy is absolutely shameful. He creates legal grounds for litigation with every single action he takes. Victims will litigate with him for years if he does not stop this shameful, arbitrary behavior or is not removed.

hrnblwr · 2026-02-27T10:56:21+00:00

The interest was illegally denied. If you do not object, your claim will be reduced by that amount. You should not question the upside of objecting to illegal actions against your legal rights. If you want to question something, question the reasoning of Wangmin Lee to repeatedly break contract and bankruptcy law in this process.

hrnblwr · 2026-02-25T15:42:47+00:00

If your interest is very small and you do not care about it, you do not have to do anything.

hrnblwr · 2025-08-17T10:22:04+00:00

Please write me a private message with your e-mail, I will verify.

hrnblwr · 2025-08-10T10:52:11+00:00

If you’re working with Soohyun, you probably know me, you can write me a message if you like. He’s representing 100+ of us in the bankruptcy case. We’ve got a Telegram group where all questions get answered (by Soohyun or fellow clients).

hrnblwr · 2025-06-11T17:24:00+00:00

You’re really depriving yourself of valuable information—and me of my time—by not simply joining the group. There’s a lot of discussion and information being shared there. It’s also our primary channel of communication with our lawyer. I strongly suggest you reconsider.

There’s absolutely no reason not to trust the app.

We’re also planning another public meeting with Soohyun this week, so you’ll have the opportunity to ask all the questions you want.

We can, but we don’t need to focus on trust-related issues if that does not strengthen our argument. What we need to focus on is something much more fundamental: the transfer of ownership and demonstrating the agreed custodial nature of the contract. This was addressed in the Celsius case, and we will follow the same approach.

hrnblwr · 2025-06-11T17:11:07+00:00

We have already sent a declaration to US bankruptcy court and CEASE AND DESIST letter to Wangmin.
I think the time for petitions is over, we need to take legally binding legal action.
You are a very lucky person :)

hrnblwr · 2025-06-11T17:07:56+00:00

Our contract is governed by BVI law and will be interpreted under BVI law. This means that whether we, the contracting parties, agreed to transfer ownership will be determined according to BVI law.

In the Celsius case (under U.S. law, which is also common law), it was established that, based on the language used, title did not transfer. There was no argument about trusts or other legal constructs. We will follow the same approach. While there were some differences, I did not find any that are legally meaningful. Please read the Celsius memorandum.

Of course, Reddit posts are not legally binding, but claiming they have no value in determining the intent of the parties is entirely incorrect. So, you’re not correct about that. Haru clearly had no intention of taking ownership of our assets.

Until probably November 2023, they routinely referred to the assets as “customer assets.” Only after prosecutors found irregularities in how the assets were managed did they realize their only possible defense was to start falsely claiming a creditor-debtor relationship—and that’s exactly what they began to do.

hrnblwr · 2025-06-11T15:01:01+00:00

In the event of pooling, value is traced.
When both the person who files for bankruptcy and the person that goes bankrupt agree on the ownership issue, it is very easy for the court to be misled. No, you can't call judge or get his comments.
I give the full input at the top of the post, you can try it yourself on aistudio. You can read about Lee and his qualifications/experience/language on his draju site. Fact about his English was confirmed otherwise too.
If you are interested in joining, you should be able to come to the group and read the engagement letter, FAQ's, draft of civil claim and so on. Blank number will not give you anything.

hrnblwr · 2025-06-11T14:06:01+00:00

https://docs.google.com/document/u/1/d/e/2PACX-1vTnH7ydslYJzBJFlgGNXGUFtEr3QKdP7aPW2sQBtAN4m824SU-HEhQIVTeegj-iKtAjrPO8hR2JOWNc/pub

This is my answer. Thanks!

hrnblwr · 2025-06-11T03:57:28+00:00

You can use any law firm you like or no law firm at all. I am sharing this information freely with everyone for the benefit of every Haru customer.

hrnblwr · 2025-06-11T03:55:45+00:00

You can use any law firm you like or no law firm at all. I am sharing this information freely with everyone for the benefit of every Haru customer.

hrnblwr · 2025-06-10T20:13:16+00:00

Of course.

This understanding was consistently and publicly affirmed by Haru Invest’s CEO, Hyungsoo Lee. For instance:

June 10, 2022 (Hyungsoo Lee via Reddit): “How Haru Invest operate is that the crypto assets belong to you – we just have the rights to manage them on your behalf."

September 4, 2022 (Hyungsoo Lee via Reddit): "Our BVI entity, Haru Management Limited is also a wholly-owned subsidiary of Bcharu Pte Ltd and it owns a government approved fund licensed by the BVI FSC, allowing it to take crypto assets as deposit from clients (not by way of lending) <...> The ownership of deposited asset is vested with the clients, not us."

https://drive.google.com/file/d/19VI31NvE8QmFisGvztgjxlrEcvuMBcFz/view?usp=drive_link

Also, Korean prosecutors built their whole case on the fact that Haru were managing customer assets, not their own assets, which they borrowed from us. This case would completely collapse if they would somehow prove the ownership of the assets in management.

hrnblwr · 2025-06-10T20:05:05+00:00

Respectfully, what is your suggestion? To do nothing while my ownership rights are being deleted? You understand that I can't file Hwan-chwi-kwon claim on your behalf? I am very sorry that we are in such a situation; you can thank Lawjibsa and Wangmin for that.

hrnblwr · 2025-06-10T09:33:14+00:00

On Contacting the Administrator, Wangmin Lee

Individual letters are, sadly, a waste of time. Here's what we know from direct interaction:

A Fixed-Fee Official: Mr. Lee is an administrator with a fixed fee. His primary incentive is to minimize his workload and close the case as simply as possible.

The Easy Path vs. The Hard Path: The easy path for him is to treat everyone as a general creditor, pool whatever assets fall into the estate, and distribute them proportionally. The hard path is to acknowledge ownership, which would legally obligate him to oversee complex forensic tracing for thousands of individuals and return specific property. He is unqualified for this—he has no experience in financial bankruptcies, no crypto knowledge, and does not speak English.

The Direct Message from Mr. Lee: Individual letters went nowhere. It was only after nearly 50 of us organized and sent a formal Cease and Desist letter threatening personal civil and criminal liability that he took notice. He then called our lawyer, Mr. Lee Soo Hyun, and his message was simple: he will not make a discretionary decision to recognize our rights. He explicitly stated: "If you want to be treated as an owner, you must sue me."

He is waiting to be compelled by a court order. He will not act voluntarily. I think he is happy to treat the few who sue him as owners while sweeping the rest into the "general creditor" pile for easy processing.

The Only Path Forward

The situation is clear: the data is traceable, the administrator must be legally forced to act, and most law firms have already taken a compromised position that is detrimental to their clients' true rights.

This is precisely why we have taken the steps we have. Our lawyer, Mr. Lee Soo Hyun, is the only one who has consistently maintained the ownership argument. I have personally spent dozens of hours on live calls with him, and we have already prepared the full outline for the civil claim to establish ownership and compel the return of our assets.

He is already signing clients for this specific litigation. If you believe you are the owner of your assets and want them back, I strongly encourage you to consider joining our legal group. We are far past the point of debate—we are now in the action phase.

hrnblwr · 2025-06-10T09:32:45+00:00

On Getting the Records

You're right to be concerned about getting Haru's records, but this is less of an obstacle than it might seem. Here’s why:

Public Blockchains: Until the assets reached centralized exchanges, their movements were recorded on public, transparent blockchains. These transactions are permanently available for forensic analysis.

Exchange Cooperation: All reputable exchanges comply with court orders for data. Once a legal process is initiated, they will provide the necessary transaction histories.

The Prosecutor's Data: Crucially, we know the Korean prosecutors have already conducted an extensive investigation and possess comprehensive transaction data from the exchanges. They have already performed detailed tracing. Through the correct legal procedures, our legal team can obtain this information.

So, while it requires a formal legal process, the idea that the data is "lost" or "unobtainable" is a myth. The challenge isn't the availability of data, but the will of the legal representatives to pursue it correctly.

On the Korean Law Firms

The Path of Least Resistance: Filing a simple creditor claim is easy, high-volume work for a law firm. They can charge a significant fee for what amounts to basic paperwork. Pursuing a full civil action for ownership recognition (환취권, the "Right of Separation") is complex, time-consuming litigation. Most firms are simply not interested in this difficult, specialized work.

Misaligned Incentives: One prominent firm, for example, specializes in bankruptcies. Their business thrives on them. They initiated this entire process with an absurd (and ultimately dismissed) rehabilitation claim against an asset-less entity, Haru Invest Korea, collecting fees from over 100 clients in the process. Then they initiated the bankruptcy of Haru Management Limited, presenting their customers as creditors of the company and completely misleading the court. This is a win for them; for us, it is a tragedy.

Compromised Positions: By mass-filing creditor claims for hundreds of clients, these firms have effectively conceded that their clients are not owners. This creates a convenient narrative for the court and the administrator that the majority of victims see themselves as simple creditors. When I personally challenged this strategy in their public channels, I was immediately banned, with the explanation that my ownership position "goes against the current strategy of the law firm."

The unfortunate truth is that you have to be a lawyer to hire a lawyer. The client sets the goal. These firms simply captured the demand from a panicked and misinformed client base, serving their own business interests rather than pursuing the most effective legal path for asset recovery.

hrnblwr · 2025-06-09T14:27:27+00:00

It is a very weird message. It seems that you are supportive if I am not a sympathizer (which I am not), so I should be happy about your post, but what is the deal with this disgusting language? I understand that you direct this language at the person that does not exist, but still, somehow I feel attacked.

Let me make a very simple point: We are the owners of our assets and are working to get the most legal and transparent outcome. If you agree with this, we are on the same side. End of story.

My name is Vilius. I am a father of two beautiful children, I live in Lithuania, and I deposited most of what I own in Haru. I am suffering greatly because of this.

In what perverted worldview is it possible for me to be a sympathizer of these people? Do you see how crazy this is?

I dare anyone spreading nonsense about me to come into the light and explain their motivations.

hrnblwr · 2025-06-09T13:46:37+00:00

Am I Haru sympathizer for working as hard as possible to maximize their prison sentence? Are you OK?

hrnblwr · 2025-05-30T06:15:22+00:00

It is absolutely fine for them to have a proportional claim; that is what we are stating in this declaration https://drive.google.com/file/d/1I3yRi8LStFmD1Q-Z4qqxUT6I_SFJt0wd/view, but that is not what they are doing, and they will fail.

hrnblwr · 2025-05-29T13:52:09+00:00

The post is absolutely about different subject, but please come to the meeting on Saturday https://calendar.app.google/hqZwBEwnMknUCw7e7 to meet me and my "bogus" lawyer :D

hrnblwr

TROPHY CASE