‘User Deposits Were not Principal Protected’ – Delio CEO
The CEO of South Korean crypto yield platform Delio, Jung Sang-ho, has publicly stated that user deposits were not “principal protected” when they transferred their assets to the platform. Jung informed the audience during the second hearing of the first criminal trial, which took place on June 25 at the Seoul Southern District Court, as […]
Crypto Yield Platform Haru Invest Pauses Withdrawals, Deposits
South Korean yield platform, Haru Invest, announced on June 13 that they would immediately halt deposits and withdrawals. The company made this decision due to suspicions of false information provided by a consignment operator during an internal inspection process. The company sincerely apologized to its investors and customers for causing concerns with this announcement. After […]