Delio Announces Suspension of Withdrawals

Delio, one of the largest crypto lending companies in South Korea, will process withdrawals at 6 p.m. today.
 Delio Announces Suspension of Withdrawals
READING NOW Delio Announces Suspension of Withdrawals

Delio, one of the largest crypto lending companies in South Korea, announced that it will suspend withdrawals from 6:30 pm today.

Delio explained that after the suspension of deposits and withdrawals of digital assets at Haru Invest, there was a sharp increase in market volatility, which is why they are suspending operations. In a statement, Delio said: “There has been confusion among investors following the suspension of deposits and withdrawals at Haru Invest. Under these circumstances, Delio has decided to temporarily suspend withdrawals until the issues are resolved as of 14 June 2023, 18:30, in order to protect the assets of our customers already in our custody.

Delio: We Will Keep Up With The Developments

The company apologized to its users for the suspension of withdrawals and stated that they will do their best to understand the facts and circumstances that caused these problems and to protect customer assets as soon as possible.

At the end of the statement: “Deloitte will continue to do its best. We will continue to keep you informed about the measures taken to protect your assets through announcements. Thank you” expressions were used.

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