Delio Holds Press Conference On June 17 To Explain FUD To Haru Invest

Key Points:

• Delio officially announced that it would hold a press conference to explain the withdrawal stop to investors on June 17.
• The press conference was held to apologize to investors and explain the company’s current problems.
• On June 14, the company announced the suspension of withdrawals due to increased market volatility after Haru Invest halted withdrawals.

According to the official website, South Korean crypto-finance firm Delio has announced that it will hold an investor briefing in Seoul on the morning of June 17.

Delio said the purpose of the investor briefing was to apologize for the current situation, explain the FUD and resolve the issues. The Korean cryptocurrency company will also report to investors on the current situation and discuss a possible return on investment plan.

“The purpose of this investor briefing is to apologize for the situation and explain the FUD, but it is more important to resolve the situation and recover the client’s investment, including operations. Delio’s normal. Therefore, we would also like to report the situation to date to investors and discuss practical return on investment plans that are fit for purpose.”

The company says that only customers who use its services can join the meeting and will have to sign a statement (the statement that there will be no physical or verbal violence) before the session begins.

Ahead of the news on June 14, Delio made an announcement about the withdrawal halt, stating that this was due to increased market volatility after Haru Invest halted withdrawals.

Delio is committed to finding all solutions to protect the interests of customers and updating the latest information on the situation as well as remedial solutions. The crypto lending company is said to be managing nearly $1 billion of Bitcoin users in South Korea.

This is the result of Haru Invest announcing suspending users’ deposits and withdrawals on June 13 due to problems with their partners. However, the company had previously announced that it could not disclose more specific information about its partners due to worries about being unable to control the news. But one day later, the company issued another announcement saying: that the operator of B&S Holdings (formerly known as Aventus) provided management reports containing false information falsely, thereby misleading the judgment of the company and its users.

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