Report: Lender Babel Finance Lost $280M Trading Customer Funds

Name: Report: Lender Babel Finance Lost $280M Trading Customer Funds
Uploaded: 2022-07-29T17:43:52Z
Duration: 7 min 440 s
Description: Hong Kong crypto lender Babel Finance reportedly lost $280 million in proprietary trades with customer funds, according to The Block. Babel Finance suspended withdrawals in June amid the liquidity crisis and “The Hash” panel discusses the ongoing contagion and their outlook for crypto regulation.

Jul 29, 2022

Hong Kong crypto lender Babel Finance reportedly lost $280 million in proprietary trades with customer funds, according to The Block.

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