Crypto lender Babel gets extended creditor protection in Singapore
Hong Kong-based Babel Finance will totally have more than a year to repay debts to its creditors after suspending withdrawals last June.
Search by tag: #babel
Crypto lending platform Babel Finance reaches counterparty debt agreement
The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.”
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market.