Delio, a South Korean digital asset savings and lending platform, has announced that it started facing operational disruptions preventing it from offering normal services. The disruptions came shortly after the South Korean Financial Services Commission (FSC) seized all assets owned by Delio customers and the company to investigate fraud, embezzlement, and breach of belief allegations. The company has also shared its concerns that the local regulators could spread the platform's assets in the interest of depositors, and it could not function normally again.
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