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Lender Babel Finance Lost $280M Trading Customer Funds: Report

The firm is looking to convert hundreds of million in debt into equity after a series of trading losses.

Updated May 11, 2023, 5:42 p.m. Published Jul 29, 2022, 9:36 a.m.
Flex Yang, co-founder of Babel Finance. (Babel Finance)
Flex Yang, co-founder of Babel Finance. (Babel Finance)