Odaily Star Daily News: Delio, a South Korean virtual asset deposit platform, has been declared bankrupt by a Seoul court. Delio suspended withdrawals last year and owes customers 245 billion Korean won (1.75 billion US dollars). It will initiate liquidation procedures, and customers can claim compensation before February 21, 2025. The first creditors' meeting will be held on March 19. The platform's assets are mostly stored in FTX accounts, and after FTX goes bankrupt, it is unable to recover assets, resulting in the inability to return customer assets, affecting approximately 2800 customers. （Cointelegraph）
