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Delio Faces Bankruptcy in South Korea Amid $1.75 Billion Asset Loss

Delio Faces Bankruptcy in South Korea Amid $1.75 Billion Asset Loss

Delio, a prominent player in South Korea's financial landscape, has been declared bankrupt, reporting a staggering $1.75 billion in lost assets. A creditors' meeting is scheduled for March, as investigators delve into the turmoil that ensued following the FTX collapse, which allegedly led to the disappearance of their funds.