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- RECUR, an NFT brand experience company, will halt its use of the RECUR platform beginning November 16. - Earlier, Paramount had partnered with RECUR to create the fan-focused #NFT #marketplace Paramount.xyz. - Haru Invest's CEO, Hugo Lee, has communicated to members that the current #recovery process for certain #assets is not effectively aligning with the timing and methods desired by most members. - Some companies identified by creditors for asset recovery aren't actively operational or holding member assets, according to Lee. - Lee intends to present #essential factual confirmations through court procedures to clarify this matter. - Detailed information about these facts will be shared during the September 7 inquiry day, including Haru Invest's thoughts on asset distribution strategies. - Lee emphasized the separation of customer allocation assets from company operating expenses since the suspension of withdrawal services on June 13. - The company's operations have stopped, expenses have been restricted, and assets have been depleted. - Assets assigned to members are being managed independently, and external management partners are handling the recovery process. - Haru Invest is collaborating with investigative agencies to recover B&S Holdings assets, which is expected to take a significant amount of time. - Despite challenges, the company will continue to cooperate with investigative agencies. - The previously announced asset allocation plan (recovered assets via installment payments) remains possible after explaining the settlement process to the court and completing subsequent stages of progress.
- RECUR, an NFT brand experience company, will halt its use of the RECUR platform beginning November 16.

- Earlier, Paramount had partnered with RECUR to create the fan-focused #NFT #marketplace Paramount.xyz.

- Haru Invest's CEO, Hugo Lee, has communicated to members that the current #recovery process for certain #assets is not effectively aligning with the timing and methods desired by most members.

- Some companies identified by creditors for asset recovery aren't actively operational or holding member assets, according to Lee.

- Lee intends to present #essential factual confirmations through court procedures to clarify this matter.

- Detailed information about these facts will be shared during the September 7 inquiry day, including Haru Invest's thoughts on asset distribution strategies.

- Lee emphasized the separation of customer allocation assets from company operating expenses since the suspension of withdrawal services on June 13.

- The company's operations have stopped, expenses have been restricted, and assets have been depleted.

- Assets assigned to members are being managed independently, and external management partners are handling the recovery process.

- Haru Invest is collaborating with investigative agencies to recover B&S Holdings assets, which is expected to take a significant amount of time.

- Despite challenges, the company will continue to cooperate with investigative agencies.

- The previously announced asset allocation plan (recovered assets via installment payments) remains possible after explaining the settlement process to the court and completing subsequent stages of progress.
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