The crypto market maker Wintermute repaid a total of $96 million in debt to the DeFi protocol TrueFi

2022-10-15 10:15:53

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ChainCatcher news, according to CoinDesk, crypto market maker Wintermute repaid a total of $96 million in debt to the DeFi protocol TrueFi weeks after being hacked. The TrueFi loan is one of the largest known outstanding debts Wintermute has obtained from the DeFi lending platform. In April of this year, Wintermute secured an unsecured loan of $92 million from the TrueFi USDT loan pool, which is due on October 15. Transaction data on the blockchain data platform Nansen shows that Wintermute paid off the loan the day before the deadline.

Previously, ChainCatcher reported that Wintermute lost $160 million in a DeFi hack at the end of September, at which time Wintermute had over $200 million in DeFi debt to several counterparties, including a $75 million debt to Maple Finance and a $22.4 million debt to Clearpool, in addition to the largest debt to TrueFi. (source link)

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