South Korean crypto lending firm Delio has reportedly raised concerns over whether it can continue to provide normal services to clients after having its assets seized by a local financial regulator.
In a July 22 blog post translated from Korean, Delio said an ongoing legal battle with depositors and a July 18 search and seizure of the company's assets, resulted in “all assets owned by customers and the company, as well as other cold wallets and ledgers” being seized by the FSC.