Delio lends 450 BTC, 2,800 ETH and 16M XRP to Traum Infotech

Delio, a South Korea-based crypto depository service recently mired in fraud allegations, is reported to have loaned 450 BTC, 2,800 ETH and 16 million XRP to Traum Infotech via B&S Holdings, a crypto trading bot developer, according to local media Digital Asset. Delio has been accused of defrauding KRW 250 billion ($180 million) from about 2,800 investors between August 2021 and June 2023, promising 10% returns for the invested funds.