Foresight News reported that the South Korean virtual asset deposit platform Delio has been declared bankrupt by a Seoul court. Delio suspended withdrawals last year, owing customers 245 billion won (1.75 billion USD). It will initiate liquidation proceedings, and customers can file claims until February 21, 2025, with the first creditor meeting scheduled for March 19. The platform's assets were largely held in FTX accounts, and after FTX's bankruptcy, assets could not be recovered, leaving customer assets unrecoverable, affecting approximately 2,800 customers.