THE:Bitfinex Repays $100M of Outstanding Loan Facility to Tether

BitfinexispleasedtoannouncethatonJuly1,2019,itrepaid$100,000,000oftheoutstandingloanfacilitytoTether.BitfinexmadethispaymentinfiatwiredtoTether’sbankaccount.ThisamountwasnotyetduetobepaidtoTetherunderthefacility,butBitfinexhasmadetheprepaymentbaseduponitsfinancialpositionattheendofthesecondquarterof2019.

AlsoonJuly1st,BitfinexfullyprepaidallinterestaccruedundertheloanfacilitytoTetheruptotheendofdayonJune30,2019,alsoinfiat.

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