Crypto Suffers Another Beating: Hong Kong-Based Babel Finance Halts Withdrawals

Crypto Suffers Another Beating: Hong Kong-Based Babel Finance Halts Withdrawals


Bitcoinist
2022-06-17 18:40:41

Babel Finance, based in Hong Kong, has temporarily halted withdrawals and redemptions of crypto assets on Friday, as the lender struggles to pay its investors as the ongoing bear market deals a heavy blow on digital currency assets. The crypto financial service provider is the latest digital assets lending company to suffer significant difficulties in […]