Home Breaking: Bitfinex has repaid $550 million to Tether, the remaining loan balance

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Breaking: Bitfinex has repaid $550 million to Tether, the remaining loan balance

Updated: 5 Feb. 2021 | 17:22

The cryptocurrency exchange Bitfinex and sister company of Tether says it has repaid the $550 million outstanding loan.
In 2018, Tether took a $900 million loan for Bitfinex and had legal issues in 2019 from it.
According to Bitfinex’s general counsel Stuart Hoegner, the loan was repaid in U.S. dollars and not USDT.

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