Finance News
By Dan Saada
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Tether acknowledges that in January it has repaid the remaining balance of $550,000,000 of the outstanding revolving loan facility owed by Bitfinex.
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Someone who tried to make some sense out of the repayment stated, Bitfinex and Tether are owned by the same corrupt company, iFinex.
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Some of the users pointed to the fact that there is an article that is circulating reports that they have repaid in USD. Users are wondering where the money comes from.
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An extreme critic stated Bitfinex and Tether are owned by the same corrupt company, iFinex. Also, for those wondering, it has been stated that they clicked a button and printed…
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Some of them call the repayment as great news. They were however left wondering if Bitfinex have to borrow to repay the loan, because from the financials provided for the…
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Especially considering there was c.$600m of unpaid dividends outstanding, some of them are curious to know if someone can confirm if those dividends have subsequently been paid…
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Many of them are just curious as to why Bitfinex need so much cash in hurry, obviously the ccc debacle causes a few issues, but there only appeared to be a few million dollars in…
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Some of them were stating that the dividends were unpaid so the exchange should have been drowning in working capital liquidity.
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There are lot more questions and criticisms. Many of them have different opinions about how things could have worked in a different way.
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