"Delio must pay creditors 378.7 billion KRW"

Minseung Kang

Summary

  • It was revealed that "the total amount Delio must pay to creditors has reached 378.7 billion KRW."
  • The asset with the largest share is Bitcoin, with an amount to be paid of 260.8 billion KRW.
  • After the coin withdrawal halt crisis in 2023, the Seoul Rehabilitation Court declared Delio bankrupt last November.

It has been revealed that Delio, a virtual asset (cryptocurrency) deposit service that has entered bankruptcy proceedings, must pay creditors a total of 378.7 billion KRW.

According to industry sources on the 21st, the Delio bankruptcy trustee stated in the trustee's report that "as of the 12th, there have been 48 claims for won-denominated bonds and 1,162 applications for virtual asset return claims, totaling 378.65558 billion KRW that must be paid to creditors."

As of the bankruptcy declaration date (November 22 last year), the amount Delio must pay to creditors is primarily in Bitcoin (BTC) at 260.8 billion KRW, followed by XRP at 53.4 billion KRW, and Ethereum (ETH) at 45.7 billion KRW.

Previously, in 2023, Delio caused a crisis by halting withdrawals of coins amounting to 245 billion KRW. Subsequently, the Seoul Rehabilitation Court declared Delio bankrupt in November last year.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?