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Babel Finance Suspends Withdrawals, Citing 'Unusual Liquidity Pressures'

Babel Finance has responded to a market downturn by temporarily freezing withdrawals and redemptions.

Updated May 11, 2023, 5:42 p.m. Published Jun 17, 2022, 11:13 a.m.
Hong Kong skyline (Ruslan Bardash/Unsplash)
Hong Kong skyline (Ruslan Bardash/Unsplash)