Delio Temporarily Suspends Customer Withdrawals Amidst Market Volatility

• Delio has announced a temporary suspension of customer withdrawals.
• The company reassured its investors that it would do its best to protect their assets.

Delio, the leading crypto lending company in South Korea, has announced a temporary suspension of customer withdrawals. This decision has been made in order to safely protect the consumer’s assets. 

On June 14, Delio announced that it had temporarily suspended customer withdrawals. Delio mentioned that the company has to take this measure due to the recent suspension of digital asset deposits and withdrawals at Haru Invest. This leads to heightened market volatility and increases confusion among investors. 

Haru Invest, a digital asset management platform in South Korea, announced the suspension of withdrawals and deposits on June 13. The decision comes due to concerns over the false information provided by the consignment operator during an internal inspection. 

Delio Assures Safeguard Investor Assets 

According to the report, the suspension will continue until the incident and its aftermath are resolved. Delio’s temporary suspension raised a lot of questions among the crypto community. However, the company reassured its investors that it would do its best to protect their assets. 

Delio has promised its clients that it will provide regular updates on the suspension through announcements and steps taken to protect the customer’s assets. By prioritizing the safety of customer funds, the company is taking responsible steps to mitigate any potential risks and maintain the integrity of its platform.

The issues that Haru Invest is facing have started to spread to other platforms in South Korea. As a result, Delio has announced the suspension of customer withdrawals. While this temporary suspension may cause inconvenience, it serves as a precautionary step to protect its clients’ digital assets.