Delio, a virtual asset manager and lending platform based in South Korea, hasthe temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.”
The company made the decision in response to the recent suspension of digital asset deposits and withdrawals at, which has led to heightened market volatility and increased confusion among investors within the region. According to Delio, the suspension will remain in effect until “the situation and its aftermath are resolved.” A translation of the announcement read:
“In order to safely protect the assets of customers currently in custody, Delio will inevitably suspend withdrawals temporarily as of June 14, 2023, 18:30." Delio has reassured its clients that it will do its best to protect their assets “while quickly grasping the facts and aftermath related to this situation.” The company also pledged to provide regular updates through announcements regarding the forthcoming facts, measures taken to safeguard customer assets, and other related developments.Delio’s announcement comes at the heels of potential trouble at Haru Invest.
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