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Babel Finance Lost $280M Trading Customer Funds: Report.BabelFinance lost around $280 million after liquidating several trading accounts funded with customer deposits in June, according to a restructuring proposal deck. Reporting by oknightcrypto.
Source: CoinDesk - 🏆 291. / 63 Read more »
Babel Finance lost over $280 million in proprietary trading with customer fundsBabel Finance lost 8,000 BTC and 56,000 ETH in proprietary trading with customer funds, according to a restructuring proposal deck obtained by The Block.
Source: TheBlock__ - 🏆 464. / 53 Read more »