Babel Finance
-
**The Bankruptcy Protection of Babel Finance Group and the Beginning of the Restructuring Process**
On April 18th, it was announced that the former founder of Babel Finance and the founder of Distributed Stable Coin, Hope for Flexibility, released a public let
-
**Babel Finance’s Creditor Protection Period Extended for Three Months**
According to reports, Babel Finance co founder Flex stated that the Singapore court has extended Babel Finance\’s creditor protection period for approximately th
-
Signs of Trouble for Babel Finance: Singapore Court Denies Request to Extend Creditor Protection
According to reports, Flex Yang, the co founder of Babel Finance, said that after the objection of creditor Deribit, the Singapore court refused to make a clear
-
Babel Finance Proposes Repayment Plan and Suspension of Protection Order to Creditors
On March 6, according to the court documents cited by Bloomberg, the crypto financial service provider Babel Finance proposed to repay $766 million of creditor…
