TechFlow news: South Korean crypto finance company Delio will suspend its web hosting services after August 11. If the service is interrupted, all of Delio's customer services and corporate operations management systems will become inaccessible.
Delio stated: "According to the preservation order from the bankruptcy court, any use of funds must first obtain court approval. We have applied to the bankruptcy court for permission to use funds required for essential operational expenses such as web hosting and personnel costs, but approval has not yet been granted." They further explained: "The web hosting (cloud service) fees remain unpaid, and the hosting provider has notified us that if the service fees are not settled within the specified period, the service will be terminated on August 11."
According to Delio, web hosting refers to internet hosting services for its website, NFT exchange, mobile web/application services, and various corporate operation systems. A service interruption would result in the suspension of all customer-facing services and internal corporate operations management systems.
