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[ - ] RMGoetbbels 1 point 1.9 yearsJun 18, 2022 14:48:13 ago (+1/-0)

Babel Finance has become the latest crypto lending platform to suspend redemptions and withdrawals,

and then........

as it tries to get its finances in more stable shape and “protect [its] customers.”

Those two things are not one and the same. This is not a crypto company I would ever invest in. In fact this is not only red light and alarm bells, it's nuclear detonation warning.

[ - ] pshawman 0 points 1.9 yearsJun 18, 2022 23:08:58 ago (+0/-0)

Has 500 customers trading 800million USD a month...

Wonder how many smaller consumer facing markets have their customers money stuck now?

Dodgy cunts thinking they can make more money for themselves fucking around with their client funds on babel rather than sitting in cold wallets.