Babel is on the verge of filing a moratorium extension that would prevent creditors from making claims for at least another six months, the report from Sunday said. The filing alleges that co-founder ...
Tag: 766M
Babel proposes new stablecoin to repay $766m to creditors
After recording massive losses last year, financial service provider Babel Finance proposed developing a new stablecoin to generate revenue to repay $766 million to its creditors. The plan involves cr...
Brazil Police Uncover $766M Crypto Ponzi Scheme Fraud
2 hours ago | 2 mins read Bitcoin News Brazilian law enforcement officers searched the home of da Silva and his accomplices. Celebrities like model Sasha Meneghel lost almost $230,000. The activities ...