Tether acknowledges that in January it was repaid the remaining balance of $550,000,000 of the outstanding revolving loan facility owed by Bitfinex. Bitfinex made this payment in fiat currency wired to Tether’s bank account. All interest due on the loan has been paid. The loan has now been repaid early and in full, and the line of credit has been cancelled.
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Tether Supports Canadian Law Enforcement in Recovery of 460,000 USDT from Investment Fraud Scheme
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Tether Provides Update on Transition Plan for Legacy Blockchains
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