Encrypted financial company Delio expects to stop web hosting services on August 11

Odaily Planet Daily News South Korean encrypted financial company Delio will stop its web hosting service after August 11. If the service is interrupted, all customer service and company operation management systems of Delio will be unavailable. Delio said that according to the preservation decision of the bankruptcy court, the use of various fees must obtain the court's permission in advance, and has applied to the bankruptcy court for the use of permission to pay for the company's web hosting, labor costs and other necessary expenses for operations, but has not yet obtained approve. The web hosting company has informed Delio that service will be suspended on August 11 if the service fee is not paid by the due date. (Hankyung) According to previous reports, in July this year, South Korea’s virtual asset crime joint investigation team has launched an investigation into three allegations of cryptocurrency-related fraud, including the alleged fraud of Delio and Haru Invest executives, the alleged fraud of Pica Issuer Pica Project’s executives, and Wemix’s alleged fraud. Issuer WeMade executives suspected of fraud. It is reported that the joint investigation team plans to deal with the current case quickly.