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Crypto lender Babel gets extended creditor protection in Singapore By Cointelegraph

by Index Investing News
April 18, 2023
in Markets
Reading Time: 1 min read
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Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022.

A court in Singapore has extended creditor protection for Babel Finance by another three months, Bloomberg reported on April 18.

Flex (NASDAQ:) Yang, former CEO of Babel Finance and founder of the Hope DeFi ecosystem. Source: TechCrunch

Continue Reading on Coin Telegraph



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Tags: BabelCointelegraphcreditorCryptoExtendedLenderprotectionSingapore
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