Korean Media: Delio Transferred All 7.07 Million US Dollars of Virtual Assets Held Before the Suspension of Deposits and Withdrawals. The Background and Purpose of the Transfer Are Not Yet Clear

July 5 (Cointime) - Digital asset management firm Delio moved 9.2 billion won (approximately $7.07 million) worth of cryptocurrencies before stopping deposits and withdrawals, Digital Asset reported. The act has sparked controversy, and only through a mandatory investigation can the background and purpose be confirmed. Victims of Delio have reported the case to prosecutors, accusing him of fraud and other crimes.

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