Delio plans to repay debt in installments using crypto or fiat currencies

That cryptocurrency financial company Delio has released its debt repayment plan. Although the repayment plan may be canceled based on the outcome of the trial, the company promises to repay the principal to all customers as much as possible.

According to the plan, Delio will hold a representative meeting with all creditors to determine the creditors, payable amounts, and payment terms. Afterwards, a repayment agreement will be drafted between the creditors and the company, and repayment will be carried out according to the agreement. Payment will be made in legal currency or cryptocurrency.

However, due to the significant increase in the price of cryptocurrency compared to when funding was suspended from Delio in June of last year, negotiations for payment in legal currency are expected to be difficult. A Delio official stated that value measurement is a matter for discussion with creditors and no agreement has been reached with creditors at this time. Considering various circumstances, we are considering staggered repayment of debt. The timing of the first repayment will be affected by judicial investigations and other external factors, so we hope to reach a conclusion as soon as possible.