Regulatory Investigation Targets South Korean Crypto Lender Delio

By CryptoNews - 11 months ago - Reading Time: 1 minutes

Regulatory Investigation Targets South Korean Crypto Lender Delio

South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust.
According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's unilateral decision to suspend users' deposits and withdrawals on June 14, raising concerns among investors....
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Original source: CryptoNews