Haru Invest’s Server Shutdown: A Cost-Cutting Measure or a Desperate Move?

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Shutting Down the Server: What’s the Real Cost?

In a stunning announcement, Haru Invest CEO Hugo Lee declared plans to suspend the company’s server, aiming primarily to cut down on maintenance expenses. This strategic move seems like a balancing act of high stakes and low budgets, as server costs often roam in the wild between $35 to $500 a month, depending on how robust the infrastructure.

Community Outrage: Is it Really That Expensive?

The Haru Invest community has hardly taken this news lying down. Users took to Telegram, expressing disbelief at what they deemed exaggerated maintenance costs. One user quipped, “Server costs cost nothing,” while another used sarcasm, suggesting that $200 a month is hardly a financial burden worthy of a shutdown.

CEO’s Strategy: Only the Essentials

Lee emphasized that the server maintenance cost represents the bulk of Haru’s fixed costs. This hefty expenditure has prompted the firm to explore various ways to reduce operating costs without sacrificing too many of its assets. Baywatch-style lifeguarding of assets was required, apparently.

The Bigger Picture: Users Left in the Lurch

This financial gymnastics comes on the heels of suspended withdrawals that started back in June 2023, leaving many users feeling like their funds have been put in a prolonged timeout. Lee pledged that any assets saved would go towards reimbursing those trapped in the limbo of unprocessed transactions, though this timeline remains as elusive as a ghost on Halloween.

Legal Troubles Abound

As if that wasn’t enough, Haru Invest has also been ensnared in a class-action lawsuit alongside the prominent crypto platform Delio, with angry investors claiming fraud. With courts involved and rumors spiraling about the company’s future, it’s clear that Haru Invest is in a situation that’s more tangled than last year’s Christmas lights.

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