Bitfinex simply reported an enchancment of its monetary scenario – allegedly, the trade paid again $100 million to Tether, Inc., thus overlaying part of its $900 million mortgage facility. The compensation means that Bitfinex is solvent, although it nonetheless raised skeptical feedback from the crypto group.
“Bitfinex is happy to announce that on July 1, 2019, it repaid $100,000,000 of the excellent mortgage facility to Tether. Bitfinex made this cost in fiat wired to Tether’s checking account. This quantity was not but on account of be paid to Tether underneath the power, however Bitfinex has made the prepayment primarily based upon its monetary place on the finish of the second quarter of 2019.”
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