The bankruptcy judge ruled that Tether's partner bank Deltec should repay Alameda approximately $53 million in loans
ChainCatcher news, U.S. Delaware bankruptcy judge John Dorsey ruled that Alameda Research should be repaid a loan of nearly $53 million. This loan, provided to Tether's bank Deltec International Group in 2021, was initially approved by FTX's Ryan Salame in 2021. The judge authorized and directed Deltec to pay Alameda an amount equivalent to $52,859,644, plus daily interest of $10,538.
Deltec is a Cayman Islands company whose banking division serves the stablecoin company Tether. (CoinDesk)
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