Bitfinex has announced that it has repaid its sister company, Tether, USD $100 million of the $700 million it borrowed early last year. This controversial loan sparked rumors of insolvency, and an investigation from the New York State Attorney General. PAYMENT TIED TO LAST YEAR’S FUNDING DEBACLE The exchange, once the world’s largest, borrowed the money from Tether after it claimed to have been having trouble with its banking partners. At the time Bitfinex asserted […]
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