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Thursday, June 26, 2025

Top Executives Exodus from Babel Finance following Firm's Financial Woes - Blockchain News

Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top employees are leaving the company.
According to the latest report, one of the prominent employees, Yulong Liu, head of global partnerships at Babel Finance, is set to leave the company by the end of this month or early next month.
As head of partnerships, Liu has been in charge of representing Babel at public events and focuses on acquiring new partners for the company, including depositors and borrowers. The executive worked for the firm for almost three years.
Liu recently updated his LinkedIn account to state that he left working for Babel this month and shortly after deleted his profile.
Besides Liu, other employees are also reported leaving the firm. Many other workers from the partnerships team have also quit. For instance, Sean Yang, the director of global partnerships; Xavier Xiang, another director of global partnerships; and Yuchen Jiang, who worked in an unspecified partnership...



Read Full Story: https://blockchain.news/news/top-executives-exodus-from-babel-finance-followi...

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