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    Babel Finance lost $280 million of customer funds: report

    Babel Finance lost $280 million of customer funds: report

    Babel’s losses included 8,000 BTC and 56,000 ETH wiped out in unhedged proprietary trading positions, a proposal deck cited in a recent report detailed. Babel Finance, an embattled crypto lender that froze customer withdrawals in June amid the crypto market...
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