Seoul Southern District Prosecutors' Office in South Korea conducted a seizure and search of Delio.
According to a report by News1 on July 18th, the local prosecutor's office in southern Seoul, South Korea, conducted a seizure and search of the cryptocurrency financial company Delio. As previously reported by BlockBeats, the Financial Services Commission of South Korea is conducting a comprehensive investigation into Delio's alleged fraud, embezzlement, and breach of trust regarding its virtual asset lending platform. Delio suspended withdrawals on June 14th. The Financial Intelligence Unit (FIU) of the Financial Services Commission of South Korea obtained Delio's virtual asset operation and financial data today and is conducting an on-site investigation. In addition, Delio is also under investigation by the South Korean prosecutor's office.