Haru Invest

Background

In mid-2023, the digital asset management platform Haru Invest abruptly suspended deposits and withdrawals, leaving investors unable to access their funds as legal proceedings unfolded.

The suspension came with little warning, and the path to recovery quickly became entangled in cross-border legal proceedings. Investors faced a familiar dilemma: wait an unknown number of years for an uncertain outcome, or find a way to crystallise value sooner.

Our role

VL Capital Management provided liquidity by purchasing creditor claims from affected investors. Our team conducted independent due diligence on the estate and offered claimants a fair, upfront valuation for their positions.

We handled the documentation and transfer mechanics end to end, so claimants did not have to navigate unfamiliar legal processes on their own. Each offer reflected our assessment of the estate’s likely recovery and timeline, presented transparently so investors could make an informed decision.

Outcome

• Investors gained an immediate recovery option
• Certainty in place of an open-ended legal timeline
• A transparent, confidential transfer process
• The downside risk of the proceedings transferred to us

Rather than monitoring a case they could not influence, claimants who sold were able to move on with capital in hand.