$2 billion lending giant Babel Finance is on the verge of collapse. Babel Finance, a crypto lender, located out of Hong Kong, is suspending withdrawals because, according to a statement they issued, “they are facing unusual liquidity pressures.
$2 billion lending giant Babel Finance is on the verge of collapse. Babel Finance, a crypto lender, located out of Hong Kong, is suspending withdrawals because, according to a statement they issued, “they are facing unusual liquidity pressures.