Name: Report: Lender Babel Finance Lost $280M Trading Customer Funds
Uploaded: 2022-07-29T17:18:57.000Z
Duration: 7 min 20 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.

CD20$2,006.990.89%BTC$74,008.780.76%ETH$2,032.310.78%XRP$1.320.16%SOL$82.800.77%

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

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CD20$2,006.990.89%BTC$74,008.780.76%ETH$2,032.310.78%XRP$1.320.16%SOL$82.800.77%

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