South Korean cryptocurrency financial company Delio announced plans to repay customer debts, but did not disclose specific details

ChainCatcher news, according to Etoday, South Korean virtual asset management and lending platform Delio has announced a plan to fully repay user debts before CEO James Jung's upcoming criminal trial and the platform's bankruptcy hearing. The repayments will be made in four installments: 20%, 20%, 25%, and 35%. However, Delio has not specified the exact timing of these repayments, the amount of funds held, or the source of the repayment funds. It is estimated that Delio owes a total of 247.4 billion won (approximately 179.8 million USD) to about 2,800 creditors.

Earlier this January, South Korea issued arrest warrants for key figures in the Delio-Haru Invest withdrawal suspension case.