TechFlow news: Korean crypto finance company Delio held an investor briefing in Seoul, announcing plans to gradually resume withdrawals. However, the company did not disclose specific timelines, methods, or the amount of losses.
According to reports, Delio CEO Jeong Sang-ho stated that the company is currently in an unstable condition due to its reliance on Haru Investment and B&S. He also revealed that Haru Invest is undergoing bankruptcy proceedings.
The company will secure as much compensation capital as possible, including through third-party paid-in capital increases. Starting next week, the company will switch to a normal operating system.
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