According to Foresight News, according to eToday, Zheng Xianghao (transliteration), CEO of the crypto financial company Delio, once again denied all charges against him in the second criminal trial of the first instance judgment, and said, "We never promised to protect the principal." The next trial against Zheng Xianghao is scheduled to be held on the 23rd of next month.
After Delio was sanctioned and fined 1.896 billion won (about 1.44 million US dollars) by the Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) of South Korea in September 2023, he filed a lawsuit in December 2023 and requested the cancellation of the 1.896 billion won fine.
