FIU Investigates 'Delio', a Coin Deposit Service with Withdrawal Suspension
The Financial Intelligence Unit (FIU) under the Financial Services Commission has launched an inspection of Delio, a virtual asset deposit and management service provider whose withdrawals have been suspended.
According to industry sources on the 6th, the FIU has been conducting an inspection at Delio since the 3rd of this month by dispatching staff to the company.
The FIU is reportedly checking whether Delio violated anti-money laundering regulations under the Act on Reporting and Using Specified Financial Transaction Information.
Delio is a company registered as a Virtual Asset Service Provider (VASP) with financial authorities and had operated a deposit service offering up to 10.7% annual interest. However, following Haru Invest, which provided virtual asset deposit services, Delio also suspended customer withdrawals on the 14th of last month.
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As a result, about 100 investors have filed a complaint with the prosecution accusing the management of Haru Invest and Delio of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.
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